In recent years, FPO promotion has gained significant momentum and shifted the narrative of Indian agriculture to ‘value-led enterprises,’ empowering farmers through market driven initiatives. The Union Budget 2019 brought focus on setting up and promotion of 10,000 FPOs over 5 years, with the launch of the campaign by the Hon’ble Prime Minister. Under the CSS Scheme for formation and promotion of 10,000 FPOs, there has been a dramatic spurt in formation of FPOs over the last two and half years, supported by apex institutions such as NABARD, SFAC, NAFED and NCDC.

While the vision around FPO promotion relates to making FPOs sustainable in the long run, only few FPOs are currently doing well on the ground. It therefore becomes critical to identify the small number of FPOs that have shown exemplary performance, and highlight their accomplishments to showcase them within the sector as model FPOs.

The FPO Impact Awards were institutionalised in 2018 to recognize and encourage exemplary FPOs that have overcome various challenges, to successfully build self-sustaining businesses and contribute meaningfully to their member community.

The FPO Impact Awards also aims to recognize and felicitate such FPO promoting and enabling institutions that have worked to promote sustainable and scalable models, incubate innovative solutions and support policy for promoting a conducive ecosystem for the growth of FPOs.