• About Us
  • Contact Us
  • Our Team
  • Advertising
  • Privacy Policy
  • Terms of Service
Monday, September 7, 2026
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

Terrorism in J&K shrinking towards zero: Shah

1st IFFJK begins today, set to feature global panel of filmmakers

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

Terrorism in J&K shrinking towards zero: Shah

September 7, 2026
Terrorism in J&K shrinking towards zero: Shah

New Delhi, Sep 6: Union Home Minister Amit Shah on Sunday said terrorism in Jammu and Kashmir was “gradually shrinking...

Read more
by LCT Desk
0 Comments
Top News

1st IFFJK begins today, set to feature global panel of filmmakers

September 7, 2026
IFFJK receives overwhelming global response

Srinagar, Sep 6: The 1st International Film Festival of Jammu and Kashmir (IFFJK)–2026 is set to witness the coming together...

Read more
by LCT Desk
0 Comments
Top News

Justice Pushpendra appointed Chief Justice of J&K and Ladakh High Court

September 7, 2026
Justice Pushpendra appointed Chief Justice of J&K and Ladakh High Court

Srinagar, Sep 6: Justice Pushpendra Singh Bhati, presently a Judge of the Rajasthan High Court, has been appointed as the...

Read more
by LCT Desk
0 Comments
Top News

Sakeena to take up medical interns’ issue at departmental level

September 7, 2026
Sakeena chairs BoDs meet of JKSCSTBC Development Corporation

Srinagar, Sep 6: Education and Health Minister Sakeena Itoo has conveyed her intent to take the lead in resolving the...

Read more
by LCT Desk
0 Comments
National

UN global map should depict J&K, Ladakh as per India’s official map: MEA

September 7, 2026
“Routine matter”: India on US’ revised travel advisory for J&K, Manipur

New Delhi, Sep 6: India on Sunday said any proposed global map initiated by the United Nations should depict Jammu...

Read more
by LCT Desk
0 Comments
Top News

High Court clears way for ACB probe into riverfront construction in Srinagar

September 7, 2026
Challenge to reservation policy: HC grants 6 weeks’ time to respondents to file counter affidavit

Srinagar, Sep 6: The Jammu & Kashmir and Ladakh High Court has permitted the Anti-Corruption Bureau (ACB) to continue its...

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

  • 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.