Q. 1. Which among the following is / are the objectives of the Farmer Producer Companies (FPCs)?
1.To provide better bargaining strength to farmers
2.To provide an investment opportunity to traders and non-producers in farm production
3.To avoid the inadequacies of the cooperative structure
Choose the correct option from the codes given below:
Answer: Only 1 & 3
Notes: Farmer Producer Companies (FPCs) aim to empower farmers by enhancing their bargaining power (Objective 1) and addressing the limitations of traditional cooperatives (Objective 3). However, they do not primarily serve as investment opportunities for traders and non-producers (Objective 2). FPCs are designed to promote collective farming and improve farmers' income, aligning with India's push for agricultural reforms.