Consider the following statements regarding Operation Green 1 nbs...........

Economic Affairs Agricultural Policy and Growth

Consider the following statements regarding Operation Green

1. Operation Greens aims to promote farmer producers organisations, agri- logistics, processing facilities and professional management.

2. It has a corpus of Rs 500 crore to aid farmers in times of erratic rainfall.

Which of the following is correct?

1 onlY

2only

Both 1 and 2

None

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Explanation:

In the budget speech of 2018-19, a new Scheme “Operation Greens” was announced on the line of “Operation Flood”, with an outlay of Rs.500 crore to promote Farmer Producers Organizations, agri-logistics, processing facilities and professional management.

Operation Greens seeks to stabilize the supply of Tomato, Onion and Potato (TOP) crops and to ensure availability of TOP crops throughout the country round the year without price volatility.

The Ministry of Food Processing Industries has launched the scheme. NAFED will be the Nodal Agency to implement price stabilisation measures.