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With reference to the Convergence Portal between Agriculture Infrastructure Fund (AIF), Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme and Pradhan Mantri Kisan Sampada Yojana (PMKSY), consider the following statements:
1. It is an initiative of NITI Aayog.
2. Pradhan Mantri Kisan Sampada Yojna is a Central Sector Scheme.
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 'B'. Can you explain this answer?
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With reference to the Convergence Portal between Agriculture Infrastru...
Answer:
The correct answer is option 'B', which means only statement 2 is correct. Here is the explanation for the given answer:
1. Convergence Portal:
The Convergence Portal is an initiative of the Ministry of Food Processing Industries (MoFPI) and not NITI Aayog. It is a digital platform that aims to link three important schemes related to agriculture and food processing in India. These schemes are:
- Agriculture Infrastructure Fund (AIF): It is a Central Sector Scheme launched in 2020 as part of the Atmanirbhar Bharat Abhiyan. The AIF provides financial support to farmers, Farmer Producer Organizations (FPOs), and other entities for the creation of agriculture infrastructure such as storage, processing, and marketing facilities. The scheme has an outlay of Rs. 1 lakh crore over a period of 4 years.
- Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme: This scheme was launched in 2020 with the aim of promoting micro food processing enterprises in India. It provides financial assistance, capacity building, and other support to these enterprises to enhance their competitiveness and formalization.
- Pradhan Mantri Kisan Sampada Yojana (PMKSY): PMKSY is a Central Sector Scheme launched in 2017. It is aimed at modernizing and strengthening the food processing industry in India. The scheme covers various components such as infrastructure development, creation of backward and forward linkages, and promoting agro-processing clusters.
2. Pradhan Mantri Kisan Sampada Yojna:
Statement 2 is correct. Pradhan Mantri Kisan Sampada Yojana (PMKSY) is indeed a Central Sector Scheme. This means that the funds for the scheme are entirely provided by the Central Government and the implementation is done by the concerned ministries or departments of the Central Government. PMKSY is implemented by the Ministry of Food Processing Industries (MoFPI).
In conclusion, the correct answer is option 'B' as only statement 2 is correct. The Convergence Portal is not an initiative of NITI Aayog, and it is a digital platform that links the Agriculture Infrastructure Fund (AIF), Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme, and Pradhan Mantri Kisan Sampada Yojana (PMKSY).
The correct answer is option 'B', which means only statement 2 is correct. Here is the explanation for the given answer:
1. Convergence Portal:
The Convergence Portal is an initiative of the Ministry of Food Processing Industries (MoFPI) and not NITI Aayog. It is a digital platform that aims to link three important schemes related to agriculture and food processing in India. These schemes are:
- Agriculture Infrastructure Fund (AIF): It is a Central Sector Scheme launched in 2020 as part of the Atmanirbhar Bharat Abhiyan. The AIF provides financial support to farmers, Farmer Producer Organizations (FPOs), and other entities for the creation of agriculture infrastructure such as storage, processing, and marketing facilities. The scheme has an outlay of Rs. 1 lakh crore over a period of 4 years.
- Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme: This scheme was launched in 2020 with the aim of promoting micro food processing enterprises in India. It provides financial assistance, capacity building, and other support to these enterprises to enhance their competitiveness and formalization.
- Pradhan Mantri Kisan Sampada Yojana (PMKSY): PMKSY is a Central Sector Scheme launched in 2017. It is aimed at modernizing and strengthening the food processing industry in India. The scheme covers various components such as infrastructure development, creation of backward and forward linkages, and promoting agro-processing clusters.
2. Pradhan Mantri Kisan Sampada Yojna:
Statement 2 is correct. Pradhan Mantri Kisan Sampada Yojana (PMKSY) is indeed a Central Sector Scheme. This means that the funds for the scheme are entirely provided by the Central Government and the implementation is done by the concerned ministries or departments of the Central Government. PMKSY is implemented by the Ministry of Food Processing Industries (MoFPI).
In conclusion, the correct answer is option 'B' as only statement 2 is correct. The Convergence Portal is not an initiative of NITI Aayog, and it is a digital platform that links the Agriculture Infrastructure Fund (AIF), Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme, and Pradhan Mantri Kisan Sampada Yojana (PMKSY).
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Community Answer
With reference to the Convergence Portal between Agriculture Infrastru...
Union Ministry of Food Processing Industries (MoFPI) jointly launched a Convergence Portal between Agriculture Infrastructure Fund (AIF), Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme and Pradhan Mantri Kisan Sampada Yojana (PMKSY).
- This launch will prove to be very important for the Food Processing Enterprises of the country.
- The Ministry of Agriculture & Farmers Welfare is implementing the Agriculture Infrastructure Fund (AIF) - a medium to long-term debt financing facility started on 08 July 2020 for the creation of post-harvest management infrastructure and building of community farming assets. Benefits under the scheme include 3% interest subvention and credit guarantee support.
- Ministry of Food Processing Industries (MoFPI) launched a centrally sponsored PPMFME scheme on June 29th, 2020 as a part of “Aatmanirbhar Bharat Abhiyan” to enhance the competitiveness of individual micro-enterprises in the unorganized segment & promote the formalization of this sector.
- Pradhan Mantri Kisan Sampada Yojna is a Central Sector Scheme of the Ministry of Food Processing Industries envisaged as a comprehensive package that will result in the creation of modern infrastructure with efficient supply chain management from farm gate to retail outlet.
Hence only statement 2 is correct.
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With reference to the Convergence Portal between Agriculture Infrastructure Fund (AIF), Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme and Pradhan Mantri Kisan Sampada Yojana (PMKSY), consider the following statements:1. It is an initiative of NITI Aayog.2. Pradhan Mantri Kisan Sampada Yojna is a Central Sector Scheme.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 'B'. Can you explain this answer?
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With reference to the Convergence Portal between Agriculture Infrastructure Fund (AIF), Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme and Pradhan Mantri Kisan Sampada Yojana (PMKSY), consider the following statements:1. It is an initiative of NITI Aayog.2. Pradhan Mantri Kisan Sampada Yojna is a Central Sector Scheme.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 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Convergence Portal between Agriculture Infrastructure Fund (AIF), Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme and Pradhan Mantri Kisan Sampada Yojana (PMKSY), consider the following statements:1. It is an initiative of NITI Aayog.2. Pradhan Mantri Kisan Sampada Yojna is a Central Sector Scheme.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 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Convergence Portal between Agriculture Infrastructure Fund (AIF), Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme and Pradhan Mantri Kisan Sampada Yojana (PMKSY), consider the following statements:1. It is an initiative of NITI Aayog.2. Pradhan Mantri Kisan Sampada Yojna is a Central Sector Scheme.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 'B'. Can you explain this answer?.
With reference to the Convergence Portal between Agriculture Infrastructure Fund (AIF), Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme and Pradhan Mantri Kisan Sampada Yojana (PMKSY), consider the following statements:1. It is an initiative of NITI Aayog.2. Pradhan Mantri Kisan Sampada Yojna is a Central Sector Scheme.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 'B'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the Convergence Portal between Agriculture Infrastructure Fund (AIF), Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme and Pradhan Mantri Kisan Sampada Yojana (PMKSY), consider the following statements:1. It is an initiative of NITI Aayog.2. Pradhan Mantri Kisan Sampada Yojna is a Central Sector Scheme.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 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the Convergence Portal between Agriculture Infrastructure Fund (AIF), Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme and Pradhan Mantri Kisan Sampada Yojana (PMKSY), consider the following statements:1. It is an initiative of NITI Aayog.2. Pradhan Mantri Kisan Sampada Yojna is a Central Sector Scheme.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 'B'. Can you explain this answer?.
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