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In September as per a report Union Ministry of Food Processing Industries jointly launched a Convergence Portal for various schemes. Which of the following scheme is not on the list of the convergence portal?
  • a)
    Agriculture Infrastructure Fund
  • b)
    Pradhan Mantri Formalisation of Micro Food Processing Enterprises scheme
  • c)
    Pradhan Mantri Kisan Sampada Yojana
  • d)
    Pradhan Mantri Garib Kalyan Anna Yojana
  • e)
    None of the above
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
In September as per a report Union Ministry of Food Processing Indust...
  • The Union Ministry of Food Processing Industries has launched a Joint Convergence Portal for its various schemes.
  • The portal has been launched between Agriculture Infrastructure Fund (AIF), Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme, and Pradhan Mantri Kisan Sampada Yojana (PMKSY) at Krishi Bhawan, New Delhi.
  • The objective of the joint portal is that all the ministries and departments of the government together serve the people of the country according to their capacity.
  • This is a step towards realizing the Prime Minister's dream of a self-reliant India and will also promote the concept of 'Vocal for Local'.
  • Agriculture Infrastructure Fund (AIF): The Ministry of Agriculture and Farmers Welfare is implementing AIF for the creation of post-harvest management infrastructure and community farm assets.
  • It is a medium to long-term credit financing facility launched on July 08, 2020.
  • Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) scheme: Ministry of Food Processing Industries launched a centrally sponsored PPMFME scheme to enhance the competitiveness of individual micro-enterprises in the unorganized segment & promote the formalization of this sector.
  • It was launched on June 29, 2020, as a part of “Aatmanirbhar Bharat Abhiyan.”
  • Pradhan Mantri Kisan Sampada Yojana (PMKSY): It is a Central Sector Scheme of the Ministry of Food Processing Industries.
  • It is envisaged as a comprehensive package and helps in the creation of a modern infrastructure with efficient supply chain management, from farms to retail outlets.
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Directions: Answer the given question based on the following passage:Agriculture occupies a pivotal position for ensuring livelihood, food and nutritional security, sustainable development and eradication of poverty in India. It is the prime sector for generating employment opportunities for majority of the population of any country.The contribution of agriculture sector to the national gross domestic product (GDP) has been continuously declining over the years, while other sectors, especially the service sector, are showing an increasing trend. In 1970-71, agriculture sector contributed about 44 per cent of GDP, which declined substantially to 13.5 per cent in 2010-11 (at 2004-05).During the last decade, there was a paradigm shift in the patterns of production, consumption, and trade in Indian agriculture through the use of new technologies. The shift in production and consumption from food-grains to high-value agricultural commodities such as fruits and vegetables, milk and milk products, meat, eggs, fish, etc. took place in a big way. Now there is a declining share of traditional crops/commodities in production, consumption and trade in India. Agriculture, horticulture and other non-traditional high-value agricultural crops occupy an important place in income growth in rural areas.Despite being one of the largest producers of many agricultural commodities such as fruits, vegetables, milk and livestock, etc. in the world, the extent of value addition to raw food material in India is only 8%, while it is 23%, 45% and 188% in China, Philippines and UK, respectively. Furthermore, only 2.2% of total fruits and vegetables are processed in India as compared to 30% in Thailand, 80% in Malaysia and 70% in UK.It is pertinent to mention here that total annual loss during the post harvest operations under agriculture produce is approximately Rs. 88,000 crore. This trend can be reversed by properly financing secondary agriculture, which can lead to 2-3 times value addition to primary agriculture products. Most of the primary agriculture produce requires processing before being finally consumed and the value addition/processing of the farm production to transform it into consumable item which is called secondary agriculture. It includes processing and value addition in all food and non-food products for human, animal and industrial use.What according to the passage took place in a big way?

Directions: Answer the given question based on the following passage:Agriculture occupies a pivotal position for ensuring livelihood, food and nutritional security, sustainable development and eradication of poverty in India. It is the prime sector for generating employment opportunities for majority of the population of any country.The contribution of agriculture sector to the national gross domestic product (GDP) has been continuously declining over the years, while other sectors, especially the service sector, are showing an increasing trend. In 1970-71, agriculture sector contributed about 44 per cent of GDP, which declined substantially to 13.5 per cent in 2010-11 (at 2004-05).During the last decade, there was a paradigm shift in the patterns of production, consumption, and trade in Indian agriculture through the use of new technologies. The shift in production and consumption from food-grains to high-value agricultural commodities such as fruits and vegetables, milk and milk products, meat, eggs, fish, etc. took place in a big way. Now there is a declining share of traditional crops/commodities in production, consumption and trade in India. Agriculture, horticulture and other non-traditional high-value agricultural crops occupy an important place in income growth in rural areas.Despite being one of the largest producers of many agricultural commodities such as fruits, vegetables, milk and livestock, etc. in the world, the extent of value addition to raw food material in India is only 8%, while it is 23%, 45% and 188% in China, Philippines and UK, respectively. Furthermore, only 2.2% of total fruits and vegetables are processed in India as compared to 30% in Thailand, 80% in Malaysia and 70% in UK.It is pertinent to mention here that total annual loss during the post harvest operations under agriculture produce is approximately Rs. 88,000 crore. This trend can be reversed by properly financing secondary agriculture, which can lead to 2-3 times value addition to primary agriculture products. Most of the primary agriculture produce requires processing before being finally consumed and the value addition/processing of the farm production to transform it into consumable item which is called secondary agriculture. It includes processing and value addition in all food and non-food products for human, animal and industrial use.Q. The phrase 'paradigm shift' in the passage, refers to

In September as per a report Union Ministry of Food Processing Industries jointly launched a Convergence Portal for various schemes. Which of the following scheme is not on the list of the convergence portal?a)Agriculture Infrastructure Fundb)Pradhan Mantri Formalisation of Micro Food Processing Enterprises schemec)Pradhan Mantri Kisan Sampada Yojanad)Pradhan Mantri Garib Kalyan Anna Yojanae)None of the aboveCorrect answer is option 'D'. Can you explain this answer?
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In September as per a report Union Ministry of Food Processing Industries jointly launched a Convergence Portal for various schemes. Which of the following scheme is not on the list of the convergence portal?a)Agriculture Infrastructure Fundb)Pradhan Mantri Formalisation of Micro Food Processing Enterprises schemec)Pradhan Mantri Kisan Sampada Yojanad)Pradhan Mantri Garib Kalyan Anna Yojanae)None of the aboveCorrect answer is option 'D'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about In September as per a report Union Ministry of Food Processing Industries jointly launched a Convergence Portal for various schemes. Which of the following scheme is not on the list of the convergence portal?a)Agriculture Infrastructure Fundb)Pradhan Mantri Formalisation of Micro Food Processing Enterprises schemec)Pradhan Mantri Kisan Sampada Yojanad)Pradhan Mantri Garib Kalyan Anna Yojanae)None of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In September as per a report Union Ministry of Food Processing Industries jointly launched a Convergence Portal for various schemes. Which of the following scheme is not on the list of the convergence portal?a)Agriculture Infrastructure Fundb)Pradhan Mantri Formalisation of Micro Food Processing Enterprises schemec)Pradhan Mantri Kisan Sampada Yojanad)Pradhan Mantri Garib Kalyan Anna Yojanae)None of the aboveCorrect answer is option 'D'. Can you explain this answer?.
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