Consider the following statements 1 The Punjab government has introduced a new scheme wherein 3 per ...........

Punjab Economy

Consider the following statements:-

1.The Punjab government has introduced a new scheme wherein 3 per cent discount would be given on interest rate for setting up units of milk/ milk products, meat, cattle feed and silage units.

2. This scheme would continue for five years.

Which one of the above statements are correct:-

1 ONLY

2 ONLY

BOTH

NONE

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Explanation:

The state government has implemented various schemes to bring out farmers from the traditional crop cycle and increase their income through allied occupations.
Animal Husbandry and Dairy Development Minister Tript Rajinder Singh Bajwa said the government has introduced a new scheme wherein 3 per cent discount would be given on interest rate for setting up units of milk/ milk products, meat, cattle feed and silage units. He said this scheme would continue for three years for which Rs 15 crore had been reserved by the Central Government.

Tript Rajinder Singh Bajwa said this scheme would continue for three years for which Rs 15 crore had been reserved by the central government for giving 3% subsidy on the interest rate for setting up such units.