NEW DELHI: Agriculture Minister Radha Mohan Singh today said the government is encouraging setting up of Farmer Producer Companies (FPOs) in the fishery sector, a move that will boost fishermen's income. The government's Small Farmers' Agri-Business Consortium (SFAC) under its venture capital assistance (VCA) scheme is providing financial help to set up FPOs. "FPO is being introduced in the fishery sector," he said, adding that proposals for 21 fishery FPOs have been submitted. Besides fishery, efforts are being made to promote setting up of FPOs in spices, especially in the northeastern region, he said. Even training is being given to the FPOs' board officials on the professional way of handling the companies.

Source: Economic Times November 30, 2017 11:48 UTC