• About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service
Friday, June 27, 2025
Lake City Times
No Result
View All Result
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper
No Result
View All Result
Lake City News
No Result
View All Result
Home Business

Sagam Mushkbudji becomes JK’s first farmer producer company to get import, export license

LCT Desk by LCT Desk
July 11, 2023
in Business, Top News
Reading Time: 1min read
A A
Share on FacebookShare on TwitterWhatsappTelegram

READ ALSO

Foolproof security arrangements in place for Amarnath Yatra: Lt Governor

‘Muharram processions will be allowed like last year’

Anantnag, Jul 10: Sagam Mushk budji Farmers Producers Company Limited (FPCL), an FPO (Farmer Producer Organisation) promoted in Sagam Area of Anantnag under NABARDs PODF Scheme has achieved the milestone of being the first FPO in UT to get the import, export license.
The FPO was incorporated as Farmers Producers Company in July 2019 with the aim to promote the scented variety of rice and help its marketing and sale across the country.
With FPO now having its own import and export license, the Mushk Budji farmers will now have access to global markets and this will fetch them a very good price, said Rouf Zargar, District Development Manager (DDM) NABARD.
Corporates and bulk buyers are looking to do business with FPOs instead of individual farmers. Only the FPOs have the ability to trade the commodities in bulk as there are hundreds of farmers linked to an FPO with minimum interference from the middlemen, said DDM NABARD.
Mushkbudji rice has also been listed among the 09 products of JK and Leh to get GI tagging, Zargar added.
The FPO has received focused attention from the Agriculture department since its formation by way of benefits under the various FPO specific schemes of the Agriculture department. Besides, the District Administration is in the process of allotting land to FPO for establishment of a rice mill in Sagam area.
This FPO currently has the membership of more than 200 Mushkbudji farmers, who sell the major portion of their produce directly through the FPO. The FPO also participated in the recent Gulf Investment summit in Srinagar and evinced interest of various investors from UAE and other countries.

Related Posts

Top News

Foolproof security arrangements in place for Amarnath Yatra: Lt Governor

June 27, 2025
‘Muharram processions will be allowed like last year’

Rehan Qayoom Mir Srinagar, Jun 26: Asserting that forthcoming Amarnath Yatra, slated to commence on July 3, will restore confidence...

Read more
by LCT Desk
0 Comments
Top News

‘Muharram processions will be allowed like last year’

June 27, 2025
‘Muharram processions will be allowed like last year’

Rehan Qayoom Mir Srinagar, Jun 26: Lieutenant Governor Manoj Sinha on Thursday said that Muharram processions will be allowed along...

Read more
by LCT Desk
0 Comments
Top News

Manoj Sinha chairs All Party Meet at Raj Bhawan

June 27, 2025
Manoj Sinha chairs All Party Meet at Raj Bhawan

Srinagar, Jun 26: Lieutenant Governor Manoj Sinha Thursday held a meeting with political leaders at Raj Bhawan Srinagar and discussed...

Read more
by LCT Desk
0 Comments
Top News

Every act of terrorism criminal, unjustifiable: Rajnath

June 27, 2025
Every act of terrorism criminal, unjustifiable: Rajnath

Qingdao, Jun 26: Defence Minister Rajnath Singh on Thursday laid down the broad contours of India’s transitional shift in its...

Read more
by LCT Desk
0 Comments
Top News

JeM terrorist killed in Basantgarh encounter

June 27, 2025
JeM terrorist killed in Basantgarh encounter

Yogesh Jammu, Jun 26: A terrorist of Pakistan-based Jaish-e-Mohammad (JeM) outfit being tracked for past one year was killed in...

Read more
by LCT Desk
0 Comments
Top News

Want end to statehood discussions: CM

June 27, 2025
Want end to statehood discussions: CM

Owais Gul Srinagar, Jun 26: Chief Minister Omar Abdullah on Thursday said that the discussions on restoration of statehood must...

Read more
by LCT Desk
0 Comments
Next Post
10th, 12th results in February: BOSE officials

Class 11th Results: Only 53 per cent qualify exams

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service

© 2021 Lake City Times - Premium theme by GITS.

No Result
View All Result
  • Top News
  • Region
  • City News
  • Politics
  • Business
  • Health
  • Edit-Oped
  • Tourism
  • National
  • World
  • ePaper

© 2021 Lake City Times - Premium theme by GITS.