Which one of the following best describes the concept of ‘Farmer Producer Organization’ (FPO)?

1
A group of farmers come together to form an organization, pooling their resources to collectively manage agricultural activities like input purchasing, processing, and marketing of their produce.
2
A corporate entity hires local farmers to cultivate crops on a large farm owned by the corporation and pays them a fixed wage.
3
Individual farmers are given small plots of land by the government to cultivate independently and sell their produce directly in the market.
4
A government-owned organization that buys produce from farmers and sells it directly to the consumers at a subsidized rate.

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