agriculture sector subsidy & food processing section 8 Practice Questions Answers Test with Solutions & More Shortcuts

Answer: (b)

Answer: (d)

In the budget speech of Union Budget 2018-19, a new Scheme “Operation Greens” was announced on the line of “Operation Flood”, with an outlay of Rs.500 crore to promote Farmer Producers Organizations (FPOs), agri-logistics, processing facilities and professional management.

Accordingly, the Ministry of Food Processing Industries (MoFPI) has formulated a scheme for the integrated development of the Tomato, Onion and Potato (TOP) value chain.

The scheme will have a two-pronged strategy of Price stabilization measures (for the short term) and Integrated value chain development projects (for the long term).

Short term Price Stabilization Measures:

1. NAFED will be the Nodal Agency to implement price stabilization measures. MoFPI will provide 50% of the subsidy on the following two components:
2. Transportation of Tomato Onion Potato (TOP) Crops from production to storage
3. The hiring of appropriate storage facilities for TOP Crops

Long Term Integrated value chain development projects

1. Capacity Building of FPOs & their consortium
2. Quality production
3. Post-harvest processing facilities
4. Agri-Logistics
5. Marketing / Consumption Points
6. Creation & Management of e-platform for demand and supply management of TOP Crops

Answer: (b)

National Bank for Agriculture and Rural Development (NABARD) is an apex development bank in India having headquarters based in Mumbai.

It was established on 12 July 1982 in the sixth five-year plan by a special act by the parliament and its main focus was to uplift rural India by increasing the credit flow for elevation of agriculture & rural non-farm sector.

Answer: (c)

Blue Box subsidies include direct payments to farmers to limit production and certain government assistance to encourage agriculture and rural development in developing countries.

Blue Box subsidies are seen as being trade-distorting.

Answer: (a)

Agriculture labourers in India are mainly dominated by the backward classes and more than 85% agriculture workers are mainly casual labourers.