FPO of Dal
More than 250 farmers of Dal Lake registered an FPO under name Dal Lake Lotus Stem Farmers Producer Company Ltd’ under Companies Act.
The FPO having its office in Hazratbal area of Srinagar district is also in the process of expanding its business in the value addition/primary/ secondary processing by establishing value addition units of Nadru in the area.
With support of the department of Agriculture Kashmir, the FPO has recently been able to export two consignments of Nadru to UAE fetching a very high price to the producers, an official said.
The official added that the FPO scheme is an institutional mechanism to reduce cost of production, increase per unit production and facilitate better market linkage so as to enhance the income of farmers.
Dal Lake Lotus Stem Farmers Producer Company Ltd’ will be promoted in the district to provide better backward and forward integration in the marketing of agriculture and horticulture produce.
Considering the uniqueness of Nadroo (Lotus Stem) as a delicacy, the district administration Srinagar met the entrepreneurial farmers and after preparing a blueprint approved the FPO in December 2022. The FPO is being supported by NABARD under the ‘Central Sector Scheme of formation of FPOs’.