Agricultural & Processed food products Export Development Authority

Why in News?

• The Agricultural and Processed food product Export Development Authority (APEDA) signed Memorandum of Understanding with Small Farmers Agriculture- Business Consortium.

About agreement

• The agreement aims to link the Farmer Producer Organization and farmer cooperatives with the export value chain.
• The SFAC will share the clusters of farmers and grouping distributed in various states with APEDA.
• They will then work together to link up these farmers with the export chain. APEDA will also facilitate certified organic produce identified by SFAC. They will also establish an Agri-Business Promotion unit in the North-East.

SFAC

• The SFAC was established in 1994. The main aim of SFAC is to promote farmer producer organization.
• Small Farmers Agribusiness Consortium (SFAC) is an autonomous society promoted by Ministry of Agriculture Cooperation and Farmers’ Welfare, Government of India. SFAC is an exclusive society focused on increasing incomes of small and marginal farmers through aggregation and development of agribusiness.
• SFAC is progressing towards establishing an eco system for FPOs/FPCs to make them sustainable and viable in the long run.
• SFAC is also implementing the National Agriculture Market Electronic Trading (e-Nam) platform.

PRELIMS QUESTION:

Q. Consider the following statements regarding Agricultural and Processed food product Export Development Authority:

1.The APEDA was established under an act of Parliament in 1985.

2.It functions under the Ministry of Commerce and Industry.

Which of the statements given above is/are correct?

a)1 only

b)2 only

c)Both 1 and 2

d)Neither 1 nor 2

Answer to Prelims question