India Farmer Producer Organizations and Services Act

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  "name": "India Farmer Producer Organizations and Services Act",
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  "description": "The Farmer Producer Companies (FPC) framework under the Companies Act 2013 (Sections 378A–378ZU) enables smallholder farmers to form producer companies with the benefits of corporate legal status while retaining cooperative principles. NABARD and SFAC provide equity and credit guarantees. FPOs with >500 members and ₹15 lakh turnover can access NABARD's FPO Promotion & Formation Scheme. The 10,000 FPO scheme (2020–2027) targets doubling farm income through collective production and marketing. Minimum 10 founding farmer-producer members required.",
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      "value": "Indian smallholder cooperatives and FPOs using Commons3 to aggregate production records must meet FPC documentation requirements to maintain NABARD credit eligibility and government scheme access. Signed member production records and aggregated lot records are the internal governance audit trail the FPC framework requires."
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