NABARD extends Business Development Assistance to FPOs of Tuensang and Noklak districts

NABARD extends Business Development Assistance to FPOs of Tuensang and Noklak districts

NABARD extends Business Development Assistance to FPOs of Tuensang and Noklak districts

Kohima, Dec 3 (KNN) With the aim to help Farmer Producers Organisations (FPOs) of Tuensang and Noklak districts grow, the National Bank for Agriculture and Rural Development (NABARD) in Nagaland is extending Business Development Assistance and Mobile Vehicle Mart support.

Tiakala Ao, General Manager/Officer Incharge, NABARD, Nagaland Regional Office, Dimapur handed over the sanction letters of Business Development Assistance support to Sangmei FPO and Chenya FPO of Tuensang and Ajei Ai Watthat FPO of Noklak district during her visit to Tuensang on November 25 last, Morung Express reported.

As per the report, all the three FPOs are being promoted through Eleutheros Christian Society (ECS), Tuensang with the support of the NABARD.

The matching equity grant assistance support is provided only to those FPOs supported by NABARD under its PODF-ID fund. 

Further, under NABARD’s OFDD -financial assistance for marketing initiative, a mobile vehicle mart was sanctioned for Sangmei FPO, Tuensang. Ajai-Ai-Watthat FPO of Noklak district also received a mobile vehicle last year.

Ajai-Ai-Watthat FPO has 480 shareholders and is operating in Noklak district. The main crops marketing through the FPO are millet, maize, ginger, cardamom and vegetables.

Sangmei FPO operates in Noksen block under Tuensang district with 380 shareholder members covering nine villages.

The Chenya Agri and allied FPO was formed in 2019 by the NABARD supported TDF project with 200 farmers. The main fruit crop is kiwi and the secondary crop as cardamom and varied vegetables. The FPO operates in Sangsangnyu block of Tuensang district with 250 shareholders. 

Chingmak Kejong, Secretary, ECS shared the genesis of NABARD support to the farmers through the organisation and express its long lasting engagement with NABARD.

He encouraged the BoDs to strive and avail the benefits for FPO which is supported through the ministry. (KNN Bureau)

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