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Question

Q65. Consider the following statements:

1. Dairy Processing and Infrastructure Development Fund (DIDF) was announced in the budget 2017-18.

2. It will be implemented by the National Dairy Development Board.

Which of the above statement(s) is/are correct?


A

(a) Only 1

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B

(b) Only 2

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C

(c) Both 1 and 2

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D

(d) None of the above

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Solution

The correct option is C

(c) Both 1 and 2


Union Cabinet has approved the implementation of the scheme ‘DIDF’.

The fund was announced in the Union Budget 2017-18.

Major activities of DIDF: The project will focus on w building an efficient milk procurement system by setting up of chilling infrastructure and electronic milk adulteration testing equipment. w creation / modernization / expansion of processing infrastructure and manufacturing facilities for Value Added Products for the Milk Unions/ Milk Producer Companies.

Implementing bodies: The project will be implemented by w National Dairy Development Board (NDDB) and w National Dairy Development Cooperation (NDDC).

Funding: It has been approved with an outlay of Rs 10,881 crore during the period from 2017-18 to 2028-29.

Benefits from DIDF: It will play a major role in modernizing the dairy infrastructure, increasing productivity, doubling farmer’s income and generate direct and indirect employment opportunities for skilled, semi-skilled and unskilled manpower.


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