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Seminar-Souvenir.Pdf [1] [2] [3] Message from the Vice-Chancellor Our country has been witnessing massive growth and development in almost all domains, especially in the agriculture sector. The Indian agriculture sector accounts for 18 percent of India's gross domestic product (GDP) and employs 50% of the countries workforce. While India is on the progressive path of development, its rural population is an integral part of this growth. It has become more than two-thirds of the country's people is dependent on agriculture for their livelihood and one-third of rural India is still below the poverty line. After over 73 years of independence, our country has gained the liberty to think and act freely on aspects that can foster economic progression. But still, there is a need to reduce the dependence of farmers on money lenders and to inculcate the habit of saving among them. Self Help Groups(SHGs) not only help the small farmers who were compelled to borrow money to maintain their livelihood but also to buy inputs like fertilizers and seeds. Moreover, it helps in poverty alleviation, empowers the rural population, encourages social empowerment and fosters human development. SHGs play the role of a great contributor in uplifting society through their effective strategies. They are instrumental in promoting employment and creating new opportunities for start-ups and promoting new income-generating activities. The SHGs in rural areas can bring transformation in millions of Indian lives and enable self-reliance . Similarly, FPOs offer opportunities to meet the numerous challenges in the agriculture sector. They are being recognized as a viable and effective solution to enhance agricultural productivity and earn the right value for their produce. NABARD has been providing the necessary guidance in implementation of the scheme to ensure the desired synergy in efforts of various stakeholders for building a sustainable FPO. They have the potential to revolutionize rural India through their intervention in agriculture by helping farmers work more productively, efficiently and sustainably. Both SHG and FPO initiatives could be effective solutions to address the long-standing problems of our rural economy. While FPOs are gaining momentum in all fronts related to value chain development endeavors of their focused commodities, self-help groups (SHGs) are reaching the next orbit of livelihoods development programs through a cluster- based approach. SHGS and FPOs can have a dramatic impact in different ways on rural society, the economy and above all, humanity. While these initiatives present excellent opportunities for inclusive growth of the farmers and the country, as a whole, there are several challenges to be addressed. It is in this context, ICFAI University, Jharkhand, in association with NABARD is organizing this seminar, which will provide a platform for discussion on the various facets of the SHGs and FPOs, by academicians, researchers, industry professionals from agribusiness and related sectors, agri-financing and refinancing organizations , NGOs, policy-makers from Central and the State Government to make SHGs, FPOs/FPCs more robust for rural upliftment.” In view of this perspective, it is a commendable initiative on the part of our University to organizing this National Seminar on Inclusive Growth through SHGs and FPOs in rural India in association with NABARD, wherein all the stakeholders - Academicians, Researchers, Industry Managers, Government Officials, NGOs and Rural Entrepreneurs – are brought together, onto a common platform to as well as challenges so that appropriate solutions can be worked out. I am also happy to note that several presenters will discuss and deliberate on trends and issues related to the topic.. I am confident that the deliberations during the conference will be insightful and purposeful. I extend my warm greetings to all the delegates attending the National Seminar and wish the Seminar all success. (Prof. O R S Rao) Vice-Chancellor ICFAI University Jharkhand [4] Acknowledgement ICFAI University Jharkhand is thankful for the financial assistance received from Research and Development Fund of NABARD towards printing of Souvenir cum Seminar Proceedings for the National Seminar on ‘Inclusive Growth through SHGs and FPOs in rural India’. Research and Development Fund of national Bank for Agriculture and Rural Development (NABARD) towards printing of seminar Proceedings (Organizing Secretary) National Seminar 2021 [5] About the Seminar About the Seminar: In the last few years, Government of India has taken concerted measures to enhance the income of the farmers. In order to reduce dependence on money lenders and to inculcate the habit of saving among the underprivileged sections of the society, the concept of Self Help Group (SHG), with its concomitant benefits, was introduced. This movement has become strong now, nevertheless, there is a need to further enhance its efficacy. Similarly, to make the Marginal, Small and Medium farmers of India strong enough to withstand the vagaries of nature and to increase their capacity to encounter the market forces by optimizing the critical factors of production and marketing, about 3200 Farmers Producers Organisations (FPOs) and about 1,800 Farmers Producers Companies (FPCs) have been formed during the last 8 years,. under various initiatives of the Government of India (including SFAC), State Governments, NABARD and other organisations. Majority of these FPOs are in the nascent stage of their operations and require not only technical handholding support but also adequate capital and infrastructure facilities including market linkages for sustaining their business operations. Further, a target of setting up 10,000 FPOs/FPCs by 2025 have been fixed by the Government of India. NABRARD has been providing a lot of support to not only to the existing FPOs but also to promote new FPOs. While these initiatives present excellent opportunities for inclusive growth of the farmers and the country, as a whole, there are a number of challenges to be addressed. It is in this context, ICFAI University, Jharkhand, in association with NABARD is organizing this seminar, which will provide a platform for discussion on the various facets of the SHGs and FPOs, by academicians, researchers, industry professionals from agribusiness and related sectors, agri-financing and refinancing organisations, NGOs, policy makers from Central and the State Government to make SHGs, FPOs/FPCs more robust for rural upliftment.” [6] Objective This Seminar is aimed at examining, analyzing and presenting different ideas on Promoting/achieving Inclusive Growth through SHGs & FPOs in Rural India. Themes/Sub themes of the Seminar: 1: Supporting Farmer Producer Organizations (FPO) and Linkage to E-NAM and Value chain Subthemes: Formation and Mobilisation of FPOs Cluster Based Business Organisation(CBBO) and their role in FPO formation Connecting FPOs through Government Schemes Marketing Initiatives and Support to FPOs Credit and Financing of the FPOs Regulation and FPO management Role of State Government for proliferation of FPOs in the State Intervention of Technology and linkage with value chain E-NAM and Value chain linkage Fostering public-private partnerships and investment to unlock inclusive growth through e-NAM 2: SHG and their Upliftment, especially in the State of Jharkhand Subthemes: Women Empowerment through SHGs. Capacity Building of rural people through the intervention of SHGs. SHGs and its role in Socio-Economic Development. Banks and their linkage with SHGs. Promoting entrepreneurship skills among women through SHGs Self-employment among the poor rural women through SHGs. Use of Technology and promotion of SHGs Functional challenges in the operation of SHGs Role of Government and Multi Lateral Agencies in promotion of SHGs [7] Organizing Committee For National Seminar, 2021 On Inclusive Growth through SHGs and FPOs in rural India’ At ICFAI University Jharkhand Patron Prof. O R S Rao, Vice Chancellor, IUJ Dr. Hari Haran : Mentor Prof. Kaushal Kumar Sinha : Mentor Dr. Satyendra Kishore : Mentor Prof. Arvind Kumar, Registrar : Conveners Prof. Sumit Kumar Sinha : Organizing Secretary Dr. Bhagabat Barik : Seminar Coordinator Dr. Rumna Bhatt acharya : Seminar Coordinator Dr. Pritha Chaturvedi : Program Committee Dr.Pallavi Kumari : Program Committee Dr. Bijoya Ganguly : Program Committee Dr. Manish Kumar : Program Committee Dr. Vishal Kumar : Program Committee Dr. Dilip Kumar : Program Committee Dr. Goutam Tanty : Seminar Organizing Committee Dr. Sudipto Majumdar : Seminar Organizing Committee Dr. Raj Kumar : Seminar Organizing Committee Prof S S P Shukla : Seminar Organizing Committee Prof. Alok Kumar : Seminar Organizing Committee Prof. Divya Utkarsh : Seminar Organizing Committee Prof. Akriti Gupta : Seminar Organizing Committee Prof. Amarjeet Ranjan : Seminar Organizing Committee [8] About the Document This document cover the abstracts of research papers, contributed by authors from academia, research, industry, government, banks etc. from various locations in India on the themes of the seminar. They are presented theme wise and author wise. [9] Part – 1 Research Papers Table of Contents S.N. Title of The Paper Authors Pg.No. Theme: 1: Supporting Farmer Producer Organizations (FPO) and Linkage to E-NAM and Value chain Subthemes Formation and Mobilization of FPOs 1. FPO - An Amalgamation of Co-operatives and Corporates Chandra Shekhar Mahtha 13 Subtheme: Credit and Financing of the FPOs 1. Effect of Credit and Financing
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