: APEDA signs MoU with SFAC to boost food clusters #FinanceIndia #StockMarketNEWS APEDA signs MoU with SFAC to boost food clusters New Delhi, Mar 19 (KNN) In a bid to bring in better synergy, Agricultural

@StockMarketNEWS Sat 21 Mar, 2020

Posted in: #FinanceIndia #StockMarketNEWS

APEDA signs MoU with SFAC to boost food clusters #FinanceIndia #StockMarketNEWS
APEDA signs MoU with SFAC to boost food clusters New Delhi, Mar 19 (KNN) In a bid to bring in better synergy, Agricultural & Processed Food Products Export Development Authority (APEDA) has signed MoU with Small Farmers Agribusiness Consortium (SFAC)

The MoU was signed by Neelkamal Darbari, Managing Director SFAC and Paban Kumar Borthakur, Chairman, APEDA.

Agri Export Policy announced by Government of India with “Farmers’ Centric Approach” suggests for developing product specific clusters in the country to help improving productivity and quality of the varieties of crops with special involvement of Farm Producer Organizations(FPOs), said an official statement.

FPOs are an institutional innovation to help small holders to reduce cost of produce by procuring necessary inputs in bulk at wholesale rates, aggregation of produce and bulk transport reducing marketing cost etc. and extend their reach to modern technology and distant markets.

The policy also aims at addressing the obstacles faced by FPOs through organisation like Small Farmers Agribusiness Consortium (SFAC) and State level organizations to expand FPO network.

APEDA has been focusing on collaborative approach to bring synergy with such organizations and has been engaged with them for mutually working together in the development of agriculture and allied sectors and its exports for bringing better value to the stakeholders.

APEDA has been in dialog with SFAC for linking of Farmer Producer organizations, farmers’ cooperatives to the export value chain through capacity building, production of the quality produce as per the requirement of importing countries, creation of infrastructure, facilitating primary and secondary processing in the clusters and also by linking them to the exporters.

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