What is the total value of the dedicated Credit Guarantee Fund Trust for FPOs CGFTFPO launched by NA...........

Current GK ( Master) Rural Development Programmes

What is the total value of the dedicated Credit Guarantee Fund Trust for FPOs (CGFTFPO), launched by NABARD and Ministry of Agriculture to provide credit guarantees to FPOs?

Rs 1000 crore

Rs 500 crore

Rs 5000 crore

Rs 2000 crore

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Explanation:

The National Bank for Agriculture and Rural Development (NABARD) has announced the creation of a Rs. 1,000 crore Credit Guarantee Fund Trust for FPOs (CGFTFPO), a dedicated fund for providing credit guarantees to FPOs. The fund has been launched under the trusteeship of NABSanrakshan Trustee Pvt Ltd, a wholly-owned subsidiary of NABARD.