The Budget of 2018 19 proposes a new Agri Market Infrastructure Fund of what corpus for developing a...........

Agriculture and Rural Development (Phase-I/II) Present scenario in Indian Agriculure

The Budget of 2018-19 proposes a new Agri-Market Infrastructure Fund of what corpus for developing and upgrading agricultural marketing infrastructure in the Grameen Agricultural Markets (GrAMs) and APMCs?

Rs. 2,000 crores

Rs. 2,500 crores

Rs. 10,000 crores

Rs. 5,400 crores

Rs. 6,000 crores

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Explanation:

In the budget of 2018-19 new reforms in agriculture markets with the objective to provide right value of the yields to the farmers has been envisaged. In this budget, an announcement of Rs. 2000 crore for Agri Market Development Fund has been made which shows the importance of retail market in the sector of agriculture marketing. These markets have been called as GRAM (Gramin Retail Agriculture Market). Through these markets infrastructure of 22,000 Rural Haats and 585 AMC markets will be developed.