Samunnati launches FPOs’ network scheme

Samunnati, a specialised agri benefit chain enabler, announced the start FPOnEXT, an exceptional network programme by which it expects to help the farmer producer organisation (FPOs) in accessing financial methods, current market linkages and know-how interventions.

The concept is to help the FPOs to expand to the next amount by this network programme, claimed Anil Kumar SG, Founder, Samunnati. The membership to FPOnEXT is by invitation and free of charge. Samunnati expects about one hundred FPOs to be part of the programme in next 6 months, he claimed.

“With the start of FPOnEXT, we search for to produce a bouquet of products and solutions to FPOs in a extra structured way, aligning to the plans and mission of progress of the agricultural ecosystem,” Anil Kumar claimed.

Several positive aspects

By availing membership at zero charge, FPOs will get numerous positive aspects this kind of as pre-sanctioned personal loan of up to ₹5 lakh, complementary assessment and responses from Samunnati by their grading and engagement device, as properly as access to crop, every day temperature alerts, current market costs and a focused connect with centre, Anil Kumar claimed.

Samunnati, which entered into seventh 12 months of functions, also endeavors to carry in other players like Useful resource Establishments, Instruction & Potential Setting up Establishments and other eco-technique players who are fully commited to FPOs and little holder farmers.

Aim on insurance policies

There will also be concentrated work to carry in customised insurance policies products and solutions to the associates of FPOnEXT. In addition, Samunnati will specifically as properly as in collaboration with other reputed establishments lengthen schooling sessions to FPOs on aspects similar to governance, statutory compliance and business enterprise management among the others. “We are energized to operate with stakeholders throughout the industry in the coming months and seem forward to encouraging the FPO group experience the positive aspects of this initiative,” claimed Pravesh Sharma, Director, Samunnati.

Samunnati experienced recently released Agri-Elevate, an ecosystem platform to link FPOs and Agri-Enterprises.