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Consider the following statements regarding Sahakar Mitra Scheme.
1. It aims to help cooperative institutions access innovative ideas of young professionals while the interns will gain experience of working in the field to be self-reliant.
2. The scheme is an initiative by NITI Aayog.
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
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding Sahakar Mitra Scheme.1. I...
The correct answer is 1 only.
In News
  • It is an initiative by the National Cooperative Development Corporation (NCDC). Hence statement 2 is not correct.
  • It would also provide an opportunity for professionals from academic institutions to develop leadership and entrepreneurial roles through cooperatives as Farmers Producers Organizations (FPO).
  • Under the programme, each intern will get financial support over a 4 months internship period.
Key-Points
  • Eligibility:
    • Professional graduates in disciplines such as Agriculture and allied areas, IT, etc. will be eligible for internship.
    • Professionals who are pursuing or have completed their MBA degrees in Agri-business, Cooperation, Finance, International Trade, Forestry, Rural Development, Project Management etc. will also be eligible.
  • Significance and expected impacts of the scheme:
    • Assist cooperative institutions to access new and innovative ideas of young professionals.
    • The interns gain experience of working in the field giving them the confidence to be self-reliant.
    • It is expected to be a win-win situation both for cooperatives as well as for the young professionals.
    • Hence statement 1 is correct.
  • National Cooperative Development Corporation (NCDC) was established by an Act of Parliament in 1963 under the Ministry of Agriculture & Farmers Welfare. It has many regional centres to provide financial assistance to Cooperatives/Societies/Federations.
  • FPO is a Producer Organisation (PO) where the members are farmers. Small Farmers’ Agribusiness Consortium (SFAC)is providing support for the promotion of FPOs.
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Consider the following statements regarding Sahakar Mitra Scheme.1. It aims to help cooperative institutions access innovative ideas of young professionals while the interns will gain experience of working in the field to be self-reliant.2. The scheme is an initiative by NITI Aayog.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
Question Description
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