Consider the following statements regarding the National Rural Economic Transformation Project NRETP...........

Economic Affairs Rural Development

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Consider the following statements regarding the National Rural Economic Transformation Project (NRETP)-

1. It aims to promote women-owned and women-led farm and non-farm enterprises across value chains.

2. It helps in developing financial products using digital financial services.

3. It is a sub component of Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM).

Which of the above statements are correct?

Only1

1 and 2 only

1, 2 and 3

1 and 3 only

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Explanation:

National Rural Economic Transformation Project is a new sub-component under the Deendayal Antyodaya Yojana – National Rural Livelihoods Mission (DAY-NRLM) of the Ministry of Rural Development. It aims to supports enterprise development programmes for rural poor women and youth by creating a platform to access finance including start-up financing options to build their individual and/or collectively owned and managed enterprises.