2.8 Enabling Grassroot Rural Communities: NABARD’s Assistance for Rural Collectives

NABARD leads significant efforts to enhance economic sustainability by providing robust support to rural collectives, such as FPOs, OFPOs, SHGs, and JLGs. By nurturing these groups, NABARD enables smallholder farmers and artisans to engage in profitable agribusiness ventures and non-farm enterprises, driving transformative change in rural economies.

Harnessing Strength in Numbers - Supporting FPOs and OFPOs

NABARD supports FPOs and OFPOs through various initiatives focussed on fostering growth, innovation, and sustainability while enhancing their entrepreneurial capabilities. It provides financial assistance in the form of grants and credit guarantees, alongside non-financial support such as awareness campaigns, skill development, technical guidance, and market access facilitation. By connecting these collectives to online platforms like ONDC and leading e-commerce sites, NABARD expands their market reach, enabling them to secure better prices for their products and services.

Promotion of FPOs: Impact as on 31 March 2024

Promotion of OFPOs: Impact as on 31 March 2024

81

No. of OFPOs promoted

25,922

No. of beneficiaries

18 with a total of 6,890 members

No. of all women OFPOs

Activities supported (activity-wise break-up of number of OFPOs

37

Handicraft

39

Handloom

5

Multi Craft