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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?
Most Upvoted 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?.
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