🌾 Wheat₹2,510/qtl 🧅 Onion₹4,500/qtl 🍅 Tomato₹2,000/qtl▼62 🥔 Potato₹2,500/qtl▲1,300 🫘 Soybean₹5,670/qtl▼230 🪴 Cotton₹8,950/qtl▲650 🌿 Mustard₹7,500/qtl▲69 🌽 Maize₹2,200/qtl 🧄 Garlic₹19,000/qtl▲4,500 🍚 Rice₹3,163/qtl 🌾 Wheat₹2,510/qtl 🧅 Onion₹4,500/qtl 🍅 Tomato₹2,000/qtl▼62 🥔 Potato₹2,500/qtl▲1,300 🫘 Soybean₹5,670/qtl▼230 🪴 Cotton₹8,950/qtl▲650 🌿 Mustard₹7,500/qtl▲69 🌽 Maize₹2,200/qtl 🧄 Garlic₹19,000/qtl▲4,500 🍚 Rice₹3,163/qtl

What is the minimum number of members needed to start an FPO?

📍 Haveri
BBasavaraj Hadimani6mo ago · 210 views

Our group is small right now. How many farmers do we actually need to register an FPO and how many to qualify for the scheme support?

2 Answers

🌾Farmer.in Krishi TeamExpert ✓6mo ago

There are two different numbers, so do not confuse them. To register a Producer Company you legally need a minimum of 10 individual producer members (as promoters/directors) under the Companies Act. But to qualify for the 10,000 FPO scheme support, the required membership is much higher and is set by area type, with plains FPOs needing a larger number than hilly or North East/hilly FPOs. So you can incorporate with 10, but you must grow membership to the scheme threshold to claim grants and benefits. Aim well above the bare minimum anyway, a few hundred active members gives you the buying volume and the share capital that make an FPO actually viable. Confirm the current minimum membership for your state and area category on the SFAC/NABARD scheme guidelines, since these thresholds have been specified separately for plains and hilly regions.

MMallikarjun Patil6mo ago

We registered with 10 directors but kept enrolling until we crossed the scheme number. Do not stop at 10, the bank and the grant both look at total members.

Your answer

No links or phone numbers, please.

← All questions

Free for farmers

Never miss a price or a deadline

Get free daily mandi prices, MSP changes, scheme cut-offs and weather alerts - and your own Kisan ID.

🔔

Free price & scheme alerts

Today's rates, MSP moves, scheme deadlines and weather - the moment they matter.

or on WhatsApp ↗
🪪

Your free Kisan ID

Join Bharat Annadata Sangh free - get a digital farmer ID card and free answers from our Krishi Team.

100% free · No spam · Prices from Agmarknet · Unsubscribe anytime