Private Entrepreneurs Guarantee (PEG) Scheme concerns
Manufacturing MSMEs
Incorrect AnswerWarehousing capacity for food storage
Correct AnswerVenture Capital Funds that have been established by the Government
Incorrect AnswerGuaranteed Land acquisition for mega projects
Incorrect AnswerExplanation:
Under PEG, storage capacity is created by private parties, Central Warehousing Corporation (CWC) and State Agencies for guaranteed hiring by FCI. This is because the state alone cannot provide such facilities at all locations. It makes economic sense for private players to finance the construction of these warehouses and then lease it out for rent.
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By: Pradeep Kumar