Establishment of Farmers’ Producers Company in Assam

Establishment of Farmers’ Producers Company in Assam

Question : How many “Farmers’ Producers Company” has decided to set up in the assam ?
(a) 100
(b) 200
(c) 300
(d) 400
Answer : (a)
Related facts

  • Assam Agribusiness and Rural Transformation Project will set up 100 Farmers’ Producers Company in the state for ramping up agricultural production, collection and ensuring linkage with the national and international markets.
  • On June 8,2020 State Government instructed the agency to setup these companies.
  • In order to ensure supply of certified seeds to farmers, the Chief Minister of Assam has instructed for setting up at least one seed distribution centre in every district.

Assam : Agriculture & economy

  • At current prices, the Gross State Domestic Product (GSDP) of Assam is estimated to reach Rs 4.09 trillion (US$ 58.47 billion) in 2020-21.
  • The GSDP of the state grew at a CAGR (in Rs) of 12.36 per cent from 2011-12 to 2020-21.
  • An agrarian economy since time immemorial, agriculture is the major contributor to the state economy.
  • The agro-climatic conditions support cultivation of a wide range of horticultural crops, including plantation crops and various fruits and vegetables, flowers, spices, medicinal and aromatic plants, nut crops and tuber crops.
  • During 2018-19(provisional), production of tea in the state stood at 701.35 million kgs and reached 682.44 million kgs in 2019-20 (till Jan 2020).
  • Pineapple, banana, cauliflower, Broccoli, rose, rice, papaya, sugarcane, turmeric, jute, potato and Bougainvillea are among high yielding varieties of horticulture crops in Assam.
  • Total production of horticulture crops in the state in 2018-19(As per 3rd Advance Estimate) stood at 7.18 million tonnes with 702.53 thousand hectares area under production.
  • The state accounts for around 95 per cent of global Muga production.
  • Moreover, Assam is the country’s major Eri silk producer (accounts for 65 per cent of the country’s Eri silk production).

Link:
https://economictimes.indiatimes.com/news/economy/agriculture/assam-to-set-up-100-farmers-producers-company-for-ramping-up-agricultural-production/articleshow/76268218.cms