Imphal: Service providers of Organic Mission clarified that direct benefit transfer of Rs 11, 250 which was recently released by the department of horticulture is for the farmer producer company and the service provider only collect the share capital under Mission Organic for establishing and sustaining FPCs.
Service provider of Sarveshwar Foods limited, S Lianboi told reporters at Manipur Press Club, here on Wednesday that there has been a confusion and misunderstanding among the registered farmers and stakeholders under Mission Organic for utilisation of Direct Benefit Transfer of Rs 11, 250 recently released by the department of horticulture.
There are 60 FPCs comprising of 500-1000 farmers in every district of Manipur. The FPCs has been formed following the guidelines of Company Act. To function effectively as a company, the member farmers contributed share capital representing their ownership of the company, he said.
The contributed and accumulated share capital from farmers shall also be reflected in the FPC bank account showing transparency and accountability. In addition, the DBT amount is also meant for creating and provisioning of on farm input and off farm input like compost and organic fertilizers and pesticides by the farmers which requires facilitation by the service providers, he added.