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Sahakar Mitra scheme launched

Topics Covered: Issues related to direct and indirect farm subsidies and minimum support prices; Public Distribution System objectives, functioning, limitations, revamping; issues of buffer stocks and food security.

Sahakar Mitra scheme launched

Key facts about the scheme:

  • It is an initiative by National Cooperative Development Corporation (NCDC)
  • It would also provide an opportunity to professionals from academic institutions to develop leadership and entrepreneurial roles through cooperatives as Farmers Producers Organizations (FPO).
  • Under the programme, each intern will get financial support over a 4 months internship period.

Eligibility:

  • Professional graduates in disciplines such as Agriculture and allied areas,IT etc. will be eligible for internship.
  • Professionals who are pursuing or have completed their MBA degrees in Agri-business, Cooperation, Finance, International Trade, Forestry, Rural Development, Project Managementetc. will also be eligible.

Significance and expected impacts of the scheme:

Assist cooperative institutions access new and innovative ideas of young professionals.

The interns gain experience of working in the field giving confidence to be self-reliant.

It is expected to be a win-win situation both for cooperatives as well as for the young professionals.

Additional information:

  • National Cooperative Development Corporation (NCDC) was established by an Act of Parliament in 1963 under Ministry of Agriculture & Farmers Welfare. It has many regional centres to provide the financial assistance to Cooperatives/Societies/Federations.
  • FPO is a Producer Organisation (PO) where the members are farmers. Small Farmers’ Agribusiness Consortium (SFAC)is providing support for the promotion of FPOs.

InstaLinks:

Prelims Link:

  1. Key objectives of the scheme.
  2. Eligibility.
  3. Implementation by?
  4. What is NCDC?
  5. What are cooperatives? Constitutional provisions.
  6. What is an FPO?
  7. What is SFAC?

Mains Link:

Discuss the significance of Sahakar it Ralph scheme.

Sources: pib.