CURRENT AFFAIRS

2023

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Recently, the government has decided to form how many new Farmer Producer Organizations (FPOs) in the cooperative sector?
A
1,200
B
1,500
C
1,000
D
1,100
Explanation: 

Detailed explanation-1: -In order to realize the Prime Minister Narendra Modi’s vision of “Sahkar se Samriddhi”, a decision has been taken to form one thousand 100 New Farmer Producer Organizations (FPOs) in the Cooperative Sector.

Detailed explanation-2: -NTPL is a wholly-owned subsidiary of Nabard. The Government had, in February 2021, launched a new Central sector scheme titled ‘Formation and promotion of 10, 000 FPOs’ with a clear strategy and committed resources to promote 10, 000 new FPOs in the country with budgetary provision of ₹6, 865 crore.

Detailed explanation-3: -Its first-of-its-kind Database for Indian FPOs provides full information on more than 4, 000 FPOs within an overall environment of 16, 811 FPOs registered in India in the last 21 years, from 2004 until July 2021.

There is 1 question to complete.