Question

The _____________ scheme of NABARD that lets the farmers sell their produce at a fair price by retaining their farm produce till the market prices become favorable.

• A. Dairy Entrepreneurship Development Scheme
• B. Solar Schemes
• C. Agricultural and Marketing Infrastructure, Grading and Standardization
• D. Rural Godowns

Answer 1

Answer: (D)

Rural Godowns

The Rural Godowns scheme of NABARD that lets the farmers sell their produce at a fair price by retaining their farm produce till the market prices become favorable

The main objectives of the scheme include creation of scientific storage capacity with allied facilities in rural areas to meet the requirements of farmers for storing farm produce, processed farm produce, consumer articles and agricultural inputs; promotion of grading, standardization and quality control of agricultural produce to improve their marketability; prevention of distress sale immediately after harvest, promotion of pledge financing and marketing credit and to strengthen agricultural marketing infrastructure in the country for the introduction of a national system of warehouse receipts in respect of agricultural commodities stored in such godowns. However, the materials used and design of the godown would depend upon the produce proposed to be stored.