The Indian Institute of Technology (IIT), Mandi & Enabling Women of Kamand (EWOK) Society has inked a tripartite deal with the National Bank For Agriculture and Rural Development (NABARD) for setting up three Farmer Producer Organization in Mandi, Himachal Pradesh. NABARD has sanctioned an amount of Rs 35 lakhs to EWOK Society and IIT Mandi for 3 FPOs to be established in the next 3 years.
What is Farmer Producer Organization (FPO)?
Farmer Producer Organization is basically a group of farm producers, with members as the shareholders in an organization. It is a registered body that deals with business activities related to farm produce and also works for the benefit of the member producers.
What is Enabling Women of Kamand (EWOK)?
Enabling Women of Kamand (EWOK), is an initiative of IIT Mandi Women’s Center to aid rural women set up small enterprises in 5 panchayats of Kataula, Katindhi, Navlaya, Batheri and Kamand in Mandi by giving them proper guidance, training & information. According to the Memorandum of Understanding signed between the three sides, IIT Mandi & EWOK Society will identify clusters to set up Farmer Producer Organizations, help establish and register the FPOs, train the CEO & Board of Directors of FPOs, besides making the business development plan & helping them in raising credit.
Important takeaways for all competitive exams:
The Ministry of Health and Family Welfare will launch JOSH (Joint Squad for Health) Teams…
Prime Minister Narendra Modi completed 25 years as the head of government on 7 October…
India has expanded its list of Classical Languages by granting the status to Marathi, Pali,…
Uttarakhand has been declared India’s sixth fully literate state in 2026, after crossing the national…
The third edition of Sagarmanthan: The Great Oceans Dialogue is scheduled to be held in…
Spanish tennis star Carlos Alcaraz won the 2026 Japan Open men’s singles title in Tokyo…