NABARD has taken an initiative for supporting producer organizations (POs), adopting a flexible approach to meet the needs of producers. In order to give a special focus, “Producers Organization Development Fund” (PODF) has been set up w.e.f. 01 April 2011, with an initial corpus of Rs. 50 crore.
Support under PODF is provided as under:
- Loan-linked grant support is available to the FPOs for promotion, capacity building & market interventions.
- Grant assistance to eligible agencies for conducting Special Studies, Stakeholders’ Meeting/ Conference, Round Table Discussions, building specialized capacities for existing POs, ICT interventions for improving marketing/ operational efficiency and such other critical interventions necessary for building sustainable POs is also available, without linking to availing institutional loan.