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Getting facts unmasked organically 🤣 The point is - focus should be laid on the aggregators, FPO though leadership, CBBOs and all those unicorn start ups and financial services providers in the name of capacity building who have smartly amassed public wealth! Bureaucracy in India is still playing safe game by allowing systematic corruption and giving a blind eye. Much more will be unmasked very soon at national level and we will find few aggregators either vanishing or transforming themselves into training institutes or research institutes. Very sad when a cause becomes a cash cow for few!! Compliance is just one dimension - this could be solved if a strong advocacy is done at national to waive off for FPOs/FPCs. These micro entities cannot be treated on par with companies and CBBO scheme itself is a scam - u fund a FPO 10 lakhs and give a 25 lakhs grant per fpo to a CBBO agency - hilarious! Something is wrong at the policy level and see the impact!
This is in continuation to our earlier Desk Research studies made to analyse the current status of FPOs (Farmer Producer Organisation) promoted in Madhya Pradesh. We had earlier conducted a study on the FPOs promoted under the New 10K FPO scheme, which showed that out of 575 FPOs (Companies) formed in MP, 503 (87%) are already defaulters within 2- 3 years of their existence. We conducted a study on the FPOs promoted by NABARD in Madhya Pradesh prior to 2020 and found that of the 103 FPOs all the FPOs are defaulters with an average penalty of over Rs7 Lac per FPO. We have recently conducted a study on the status of the FPOs promoted by SFAC in MP prior to 2020. Of the 147 FPOs (Companies) formed, 144 are defaulters with an average penalty of Rs14.5 crores. There is absolutely no way that these FPOs can pay up the penalty. And if the compliances are not upto date, No Bank will finance these FPOs, which means that either the FPO will be facing a severe funds crunch or will seek NBFCs at exorbitant interest rates. Subsidy Schemes Bank Loans are out of question for these FPOs. As a nation, can we afford the failure of the FPO sector? Can we hope to revive/ rejuvenate the agriculture sector without the involvement of Farmer Collectives or FPOs? Will the Civil Society come forward for advocating on behalf of FPOs? Will somebody show the true picture of the state of FPO sector to the policy makers? My letter to Union Agriculture Minister regarding compliance penalties on FPOs can be accessed here https://lnkd.in/d_6sDG69 My article on failed ABPU experiment of SFAC can be accessed here https://lnkd.in/dVbdUYmg
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This study is about status of the FPOs promoted with the support of SFAC in MP. Bigger Question is - what did Government/SFAC learn from their pre-2000 initiatives and what did they do to improve the outcomes in 10K FPOs? 1) What one expects from these CBBOs post-project? Would they continue to support these FPOs once funds have dried up? Not possible, they need fund to sustain. 2) In fact, many of these CBBOs, across states, used to put money from their own pockets against share capital collection because they were not able to collect from farmers and their payments were linked to KPI such as amount of share capital collected. What else does the average paid-up capital of 1.5 Lakh per FPO say? 3) Most of the government officials just sit on the dias, hold a mic and talk about their programs, based on the reports submitted to them. They don’t visit fields and if they ever do, it all happens to be stage-managed to show and make them hear only good stories.. 4) Today, when I roam around in MP and meet FPOs, who are promoted by some government departments besides supported under million-dollar international donors’ project and talked about the most, I find their turnover are not made of farmer procurement but of trader/middlemen procurement. Why? Because they have kept turnover as one of the most important KPIs for these projects. 5) Another issue is while both government programs and these donors talk about small/marginal and women farmers development as they are the shareholders of the FPOs supported by them but when you look data closely, you will find most farmer procurement is done from non-members, probably large farmers. 6) Question is how people outside know about these shortcuts but those who can control these all don’t know? Or they know but busy in story-telling? In the background notes of many of these CBBOs, I still find sentences like, we have promoted xxxx FPOs across India, feel amused of their innocence! Forget about the defaulters they also perhaps add stricken-off FPOs to inflate their count. Good job, Shaji John. We all need to talk about these things more and more, in public. And tell these story-tellers on their face - “In God we trust, rest others MUST bring data”. And yes, verified data. Ministry of Agriculture & Farmers Welfare, Government of India | Shivraj Singh Chouhan | Suryamani Roul | Nishant Gupta
This is in continuation to our earlier Desk Research studies made to analyse the current status of FPOs (Farmer Producer Organisation) promoted in Madhya Pradesh. We had earlier conducted a study on the FPOs promoted under the New 10K FPO scheme, which showed that out of 575 FPOs (Companies) formed in MP, 503 (87%) are already defaulters within 2- 3 years of their existence. We conducted a study on the FPOs promoted by NABARD in Madhya Pradesh prior to 2020 and found that of the 103 FPOs all the FPOs are defaulters with an average penalty of over Rs7 Lac per FPO. We have recently conducted a study on the status of the FPOs promoted by SFAC in MP prior to 2020. Of the 147 FPOs (Companies) formed, 144 are defaulters with an average penalty of Rs14.5 crores. There is absolutely no way that these FPOs can pay up the penalty. And if the compliances are not upto date, No Bank will finance these FPOs, which means that either the FPO will be facing a severe funds crunch or will seek NBFCs at exorbitant interest rates. Subsidy Schemes Bank Loans are out of question for these FPOs. As a nation, can we afford the failure of the FPO sector? Can we hope to revive/ rejuvenate the agriculture sector without the involvement of Farmer Collectives or FPOs? Will the Civil Society come forward for advocating on behalf of FPOs? Will somebody show the true picture of the state of FPO sector to the policy makers? My letter to Union Agriculture Minister regarding compliance penalties on FPOs can be accessed here https://lnkd.in/d_6sDG69 My article on failed ABPU experiment of SFAC can be accessed here https://lnkd.in/dVbdUYmg
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This is in continuation to our earlier Desk Research studies made to analyse the current status of FPOs (Farmer Producer Organisation) promoted in Madhya Pradesh. We had earlier conducted a study on the FPOs promoted under the New 10K FPO scheme, which showed that out of 575 FPOs (Companies) formed in MP, 503 (87%) are already defaulters within 2- 3 years of their existence. We conducted a study on the FPOs promoted by NABARD in Madhya Pradesh prior to 2020 and found that of the 103 FPOs all the FPOs are defaulters with an average penalty of over Rs7 Lac per FPO. We have recently conducted a study on the status of the FPOs promoted by SFAC in MP prior to 2020. Of the 147 FPOs (Companies) formed, 144 are defaulters with an average penalty of Rs14.5 crores. There is absolutely no way that these FPOs can pay up the penalty. And if the compliances are not upto date, No Bank will finance these FPOs, which means that either the FPO will be facing a severe funds crunch or will seek NBFCs at exorbitant interest rates. Subsidy Schemes Bank Loans are out of question for these FPOs. As a nation, can we afford the failure of the FPO sector? Can we hope to revive/ rejuvenate the agriculture sector without the involvement of Farmer Collectives or FPOs? Will the Civil Society come forward for advocating on behalf of FPOs? Will somebody show the true picture of the state of FPO sector to the policy makers? My letter to Union Agriculture Minister regarding compliance penalties on FPOs can be accessed here https://lnkd.in/d_6sDG69 My article on failed ABPU experiment of SFAC can be accessed here https://lnkd.in/dVbdUYmg
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𝐖𝐡𝐞𝐧 𝐝𝐨𝐞𝐬 𝐭𝐡𝐞 𝐂𝐨𝐮𝐫𝐭 𝐡𝐨𝐥𝐝 𝐭𝐡𝐞 𝐚𝐮𝐭𝐡𝐨𝐫𝐢𝐭𝐲 𝐭𝐨 𝐞𝐱𝐭𝐞𝐧𝐝 𝐭𝐡𝐞 𝐦𝐚𝐧𝐝𝐚𝐭𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐀𝐫𝐛𝐢𝐭𝐫𝐚𝐭𝐨𝐫? 𝘔/𝘚 𝘎𝘦𝘰 𝘔𝘪𝘭𝘭𝘦𝘳 & 𝘊𝘰. 𝘗𝘷𝘵. 𝘓𝘵𝘥. 𝘝. 𝘜𝘱 𝘑𝘢𝘭 𝘕𝘪𝘨𝘢𝘮 𝘈𝘯𝘥 𝘖𝘵𝘩𝘦𝘳𝘴 𝘪𝘯 𝘵𝘩𝘦 𝘏𝘪𝘨𝘩 𝘊𝘰𝘶𝘳𝘵 𝘰𝘧 𝘈𝘭𝘭𝘢𝘩𝘢𝘣𝘢𝘥 (𝘊𝘐𝘝𝘐𝘓 𝘔𝘐𝘚𝘊. 𝘈𝘙𝘉𝘐𝘛𝘙𝘈𝘛𝘐𝘖𝘕 𝘈𝘗𝘗𝘓𝘐𝘊𝘈𝘛𝘐𝘖𝘕 𝘕𝘖.4 𝘖𝘍 2024) 𝐅𝐚𝐜𝐭𝐬: There are two cases which have been clubbed together. These include the First Petitioner M/S Geo Miller & Co Pvt Ltd which had disputes with the First Respondent UP Jal Nigam. The Second Petitioner is GPT Infraprojects Limited with the Respondent as Kanpur Development Authority. In both cases, the Arbitrator was appointed by the Court and was unable to render an award within the time limit prescribed under Section 29-A of the A&C Act, 1996. 𝐀𝐫𝐠𝐮𝐦𝐞𝐧𝐭𝐬: The Applicants/Petitioners put forth the judgment of Indian Farmers Fertilizers Cooperative Limited v Manish Engineering Enterprises which empowered the maintainability of an Application under Section 29-A. However, the same was not held as maintainable in A’Xykno Capital Services case which was a co-equal bench. 𝐉𝐮𝐝𝐠𝐦𝐞𝐧𝐭 𝐚𝐧𝐝 𝐑𝐞𝐚𝐬𝐨𝐧𝐢𝐧𝐠: The Hon’ble Court observed that there were two issues in the this: a) If two precedents of the same bench give conflicting opinions, which is to be upheld? b) Is the application under 29-A maintainable or not? Regarding the first, using the judgment laid down in National Insurance Co. Ltd. v Pranay Sethi & Ors; the Hon’ble Court observed that when dealing with conflicting judgments of co-equal benches, it is the earlier judgment which is to be followed. Hence, Indian Farmers (Supra) will take precedence. On the second issue, the Hon’ble Court followed the dictum laid down in Lucknow Agencies LKO v UP Awas Vikas Parishad and Ors and held that if the appointment of the Arbitrator under Section 11 was done by the Court itself, then the mandate of the Arbitrator could be extended and the application under Section 29-A of the A&C Act was maintainable. Both the Petitioners were granted an extension of 8 months for the mandate of the Arbitrator from the date of the judgment. Credits: Saumitra Prasad Link to judgment: https://lnkd.in/gAGkfpUc #Arbitration #LegalPrecedent #CourtJudgment #ArbitratorMandate #Section29A #HighCourtOfAllahabad #LegalUpdate #DisputeResolution #CommercialLaw #ContractDisputes #LegalInsights #LawAndJustice #LegalPractice #ArbitrationLaw #LegalInterpretation #LawInPractice #CorporateLaw #LegalCommunity #LawProfessionals
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📝 The TTAB's Section 2(d) refusal appeals show a 90% affirmance rate this year, yet recent decisions hint at reversals. How did these three cases fare? Dive into the details and test your knowledge! #TTAB #TrademarkLaw #LegalUpdates #IntellectualProperty
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🌟 New Blog Alert at Doon Law Mentor 🌟📚 Dive into our latest post: 11 January 2025 - Current Affairs Today where we explore 11 January 2025 - Current Affairs Today for Judiciary, APO & JLO Exams highlights key events such as Lebanon electing General Joseph Aoun as president, India retaining its title as the fastest-growing economy, renewable energy advancements in Rajasthan, and major retirements from cricket. Stay updated for your exam preparation with these essential insights. Why you should read this: 🎯 Insightful tips and strategies for Judiciary, APO exams. 📈 Latest updates and comprehensive analysis. 📘 Essential reading for all law students and judiciary aspirants! 👉 Don’t miss out! Enhance your preparation and stay ahead with our expert insights. #DoonLawMentor #JudiciaryPrep #APOExam #LawStudents #LegalEdu #BlogUpdate #StudyTips #LawExam #SuccessInLaw #lawyer #legalupdate #landmarkjudgement #judiciaryexam #apoexa,
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🚨Last few days for online applications for The Worshipful Company of Farmers' 73rd Advanced Course in Agricultural Business Management (ACABM) commencing October 2024. More information on the course, fees and access to the online application portal via https://lnkd.in/eG3uEiRW. Applications will close next week at 23:59 on 30th April. #ACABM24 #nowmorethanever WCF Alumni Association Royal Agricultural University
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JUDGEMENTOPEDIA (Learning Judgements For A Living) Vol. 27, Jan 2025. 1. Can a lawyer be barred from using skills learnt in the guise of sharing trade secrets by a previous law firm? - Dr Sudipta Banerjee v. L.S. Davar & Company & Ors. [FMAT 735 of 2021] 2. Whether a driver with a Light Motor Vehicle (LMV) licence can legally operate a “Transport Vehicle” without a specific endorsement, if the vehicle's weight falls within the LMV category - Bajaj Alliance General Insurance Co. Ltd. v. Rambha Devi and Others [2024 SCC OnLine SC 3183] 3. Can an authorized signatory be held liable as a drawer under section 148 of the NI Act, 1881?-Bijay Agarwal Versus M/s Medilines [2024 INSC 918] 4. Whether the Disaster Management Act, 2005 (DM Act, 2005) empowers the Government to permanently take over land for disaster management- M/S. Elstone Tea Estates Ltd. V. State Of Kerala[WP(C) Nos. 36125 & 36436/2024] 5. Regulating aquaculture on agricultural land: Environmental concerns and legal oversight-Madireddy Padma Rambabu & Ors. vs. The District Forest Officer, E.G. District, Kakinada & Ors. [2001 SCC OnLine AP 638] - From The House Of Origin Law Labs Pvt. Ltd. #law #legal #lawstudents #legality #legally #judgements #supremecourt #court #india ##highcourt #environmental #aqua #shrimp #courts #disaster #wayanad #management #acts #niact #cheque #lmv #vehicle #bajaj #lawyer #lawfirm
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🔍 Predicting Section 2(d) appeal outcomes? A TTAB judge claims 95% accuracy just by analyzing marks and goods/services! Check out three recent decisions and share your thoughts on their outcomes in the comments! #TTAB #TrademarkLaw #LegalInsights #IntellectualProperty
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