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Consider the following statement regarding the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme:
- It is a Central Sector Scheme for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 Crore.
- The share of expenditure under the PM FME scheme is in the ratio of 60:40 between the central and state governments and Union Territories with the legislature.
- The central government will provide funds to the state based on the approved Project Implementation Plan.
Which of the statements given above is/are correct?
- a)1 and 2 only
- b)2 only
- c)2 and 3 only
- d)1, 2 and 3
- e)3 only
Correct answer is option 'C'. Can you explain this answer?
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Consider the following statement regarding the PM Formalisation of Mic...
PMFME Scheme provides support to Self Help Groups (SHGs)/ Farmer Producer Organizations (FPOs)/ Cooperatives for setting up/up-gradation of micro food processing units, Seed Capital to SHGs, Common Infrastructure, Marketing & Branding support etc. These schemes help farmers in processing/ selling their produce in farm vicinity.
- PM Formalisation of Micro food processing Enterprises (PMFME) Scheme" for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 Crore.
- It is a centrally sponsored scheme. Hence statement 1 is not correct.
- It was launched on 29th June 2020 as part of Atmanirbhar Bharat Abhiyan.
- The central government will provide funds to the state based on the approved Project Implementation Plan (PIP). Hence statement 3 is correct.
- One-District One-Product Approach (ODOP) plan to be implemented to encompass input procurement, common services availability, and product marketing.
- The share of expenditure under the PM FME scheme is in the ration of-
- 60:40 between the central government and state governments and UTS with the legislature. Hence statement 2 is correct.
- 90:10 between central and North Eastern and Himalayan states.
- 100 percent central assistance for UTs without legislatures.
- Objectives of PM FME Scheme
- Capacity Building of Micro Food entrepreneurs
- Technology up-gradation of the existing Micro Food Processing Enterprises by increasing access to credit to the entrepreneurs.
- Enable microenterprises to avail common services through supporting Farmer Producer Organizations (FPOs), Self Help Groups (SHGs), Producers Cooperatives & Cooperative Societies along their entire value chain.
- A regulatory framework to encompass existing unorganized micro food processing enterprises to bring them into a formally compliant framework.
- Branding and marketing to be strengthened in order to support the integration of existing enterprises with organized supply chains.
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Consider the following statement regarding the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme: It is a Central Sector Scheme for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 Crore. The share of expenditure under the PM FME scheme is in the ratio of 60:40 between the central and state governments and Union Territories with the legislature. The central government will provide funds to the state based on the approved Project Implementation Plan.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3e)3 onlyCorrect answer is option 'C'. Can you explain this answer?
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Consider the following statement regarding the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme: It is a Central Sector Scheme for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 Crore. The share of expenditure under the PM FME scheme is in the ratio of 60:40 between the central and state governments and Union Territories with the legislature. The central government will provide funds to the state based on the approved Project Implementation Plan.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3e)3 onlyCorrect answer is option 'C'. 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 Consider the following statement regarding the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme: It is a Central Sector Scheme for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 Crore. The share of expenditure under the PM FME scheme is in the ratio of 60:40 between the central and state governments and Union Territories with the legislature. The central government will provide funds to the state based on the approved Project Implementation Plan.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3e)3 onlyCorrect answer is option 'C'. 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 Consider the following statement regarding the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme: It is a Central Sector Scheme for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 Crore. The share of expenditure under the PM FME scheme is in the ratio of 60:40 between the central and state governments and Union Territories with the legislature. The central government will provide funds to the state based on the approved Project Implementation Plan.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3e)3 onlyCorrect answer is option 'C'. Can you explain this answer?.
Consider the following statement regarding the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme: It is a Central Sector Scheme for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 Crore. The share of expenditure under the PM FME scheme is in the ratio of 60:40 between the central and state governments and Union Territories with the legislature. The central government will provide funds to the state based on the approved Project Implementation Plan.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3e)3 onlyCorrect answer is option 'C'. 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 Consider the following statement regarding the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme: It is a Central Sector Scheme for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 Crore. The share of expenditure under the PM FME scheme is in the ratio of 60:40 between the central and state governments and Union Territories with the legislature. The central government will provide funds to the state based on the approved Project Implementation Plan.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3e)3 onlyCorrect answer is option 'C'. 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 Consider the following statement regarding the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme: It is a Central Sector Scheme for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 Crore. The share of expenditure under the PM FME scheme is in the ratio of 60:40 between the central and state governments and Union Territories with the legislature. The central government will provide funds to the state based on the approved Project Implementation Plan.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3e)3 onlyCorrect answer is option 'C'. Can you explain this answer?.
Solutions for Consider the following statement regarding the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme: It is a Central Sector Scheme for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 Crore. The share of expenditure under the PM FME scheme is in the ratio of 60:40 between the central and state governments and Union Territories with the legislature. The central government will provide funds to the state based on the approved Project Implementation Plan.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3e)3 onlyCorrect answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams.
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Consider the following statement regarding the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme: It is a Central Sector Scheme for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 Crore. The share of expenditure under the PM FME scheme is in the ratio of 60:40 between the central and state governments and Union Territories with the legislature. The central government will provide funds to the state based on the approved Project Implementation Plan.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3e)3 onlyCorrect answer is option 'C'. Can you explain this answer?, a detailed solution for Consider the following statement regarding the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme: It is a Central Sector Scheme for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 Crore. The share of expenditure under the PM FME scheme is in the ratio of 60:40 between the central and state governments and Union Territories with the legislature. The central government will provide funds to the state based on the approved Project Implementation Plan.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3e)3 onlyCorrect answer is option 'C'. Can you explain this answer? has been provided alongside types of Consider the following statement regarding the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme: It is a Central Sector Scheme for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 Crore. The share of expenditure under the PM FME scheme is in the ratio of 60:40 between the central and state governments and Union Territories with the legislature. The central government will provide funds to the state based on the approved Project Implementation Plan.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3e)3 onlyCorrect answer is option 'C'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Consider the following statement regarding the PM Formalisation of Micro food processing Enterprises (PMFME) Scheme: It is a Central Sector Scheme for a period of five years from 2020-21 to 2024-25 with an outlay of Rs 10,000 Crore. The share of expenditure under the PM FME scheme is in the ratio of 60:40 between the central and state governments and Union Territories with the legislature. The central government will provide funds to the state based on the approved Project Implementation Plan.Which of the statements given above is/are correct?a)1 and 2 onlyb)2 onlyc)2 and 3 onlyd)1, 2 and 3e)3 onlyCorrect answer is option 'C'. Can you explain this answer? tests, examples and also practice Banking Exams tests.
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