Question

Consider the following statements with reference to Mega Food Parks (MFP):

1. State Government, State Government entities and Cooperatives are not required to form a separate Special Purpose Vehicle (SPV).

2. Scheme for Creation of Backward and Forward under MFP Linkages is applicable only to perishable horticulture.

3. Pradhan Mantri Kisan SAMPADA Yojana provides 100% financial assistance for forming MFP in North-Eastern states.

Which of the statements given above is/are correct?

A 2 only Correct Answer Incorrect Answer
B 1 and 3 only Correct Answer Incorrect Answer
C 2 and 3 only Correct Answer Incorrect Answer
D 1, 2 and 3 Correct Answer Incorrect Answer
E 1 only Correct Answer Incorrect Answer

Solution

State Government, State Government entities and Cooperatives are not required to form a separate Special Purpose Vehicle (SPV). The Scheme is applicable to perishable horticulture and non-horticulture produce Special concessions of 75% are provided for setting up of such industries and Mega Food Parks in North Eastern States.

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