Which of the following regarding FPOs is/are True?
I- FPO can only be registered as Companies.
II- Ministry of Agriculture and Farmers Welfare is responsible for 'Formation & Promotion of 10,000 Farmer Produce Organizations (FPOs)’
III- FPOs increase farmers’ negotiating power.
A PO can be a production company, a cooperative society or any other legal form which provides for sharing of profits/benefits among the members. In some forms like producer companies, institutions of primary producers can also become a member of PO.
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