Question of the Day

Explantion:

• Launched under the Aatmanirbhar Bharat Abhiyan, the Pradhan Mantri Formalisation of Micro food processing Enterprises (PM-FME) Scheme is a centrally sponsored scheme that aims to enhance the competitiveness of existing individual micro-enterprises in the unorganized segment of the food processing industry and promote formalization of the sector and provide support to Farmer Producer Organizations. Hence statements 1 and 2 are correct.

• Its objectives are:

o Increase in access to finance by micro food processing units,

o Increase in revenues of target enterprises,

o Enhanced compliance with food quality and safety standards,

o Strengthening capacities of support systems,

o Transition from the unorganized sector to the formal sector,

o Special focus on women entrepreneurs and Aspirational districts,

o Encourage Waste to Wealth activities and focus on minor forest produce in Tribal Districts. Hence statement 3 is correct.

Hence Option d is the correct choice.

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