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Consider role of a loyalty / rewards program. Sai Vineet Singh Gautam Mandewalker Shalu Umapathy (Unlicensed) Hillary Sang (Unlicensed) |
From Chapter 2 “Farmer Producer Organisations” by Anish Kumar and Aneesha Bali (NAFPO)
Total budget allocation for promoting 10,000 FPOs over 9 years (2019/20 to 2027/28) is 6,624 crore INR or ~$828mn. It breaks down to the following:
FPO Formation and Incubation incl CBBO costs (38%): Rs 2.5 million/ FPO for 5 years.
FPO Management Cost (27%): Rs 1.8 million/ FPO for 3 years
Equity grants (23%): Rs 1.5 million/FPO
Credit Guarantee Fund (11%):
Monitoring and data management/MIS Portal (less than 1%)
Capacity Building through Specialized Training institutes (less than 0.5%)
So far, Rs 2,491 million INR or ~$31mn has been released to all IAs (as of summer 2022)