Explanation:

About Mega Food Park Scheme

• Ministry: Union Ministry of Food Processing Industries
• Launched: The Mega Food Park Scheme was launched in 2008.
• Objective: The primary objective of the Scheme is to provide modern infrastructure facilities for food processing along the value chain from the farm to the market with a cluster-based approach based on a hub and spokes model.
• Under the Mega Food Park Scheme, Government of India provides financial assistance upto Rs. 50.00 Crore per Mega Food Park project.

Implementation

• Implemented by a Special Purpose Vehicle (SPV) which is a Body Corporate registered under the Companies Act.
• State Government, State Government entities and Cooperatives are not required to form a separate SPV for implementation of Mega Food Park project.
• Subject to fulfillment of the conditions of the Scheme Guidelines, the funds are released to the SPVs.

Aims of the scheme

• To create modern infrastructure for the food processing
• To enhance value addition of agriculture produce
• Reduction in wastage

Hence all statements are correct.