Implementation of the scheme ‘Dairy Processing & Infrastructure Development Fund’ approved

Cabinet approves implementation of the scheme “Dairy Processing & Infrastructure Development Fund”


Question: For which period did the Cabinet Committee on Economic Affairs gave its approval for the implementation of the ‘Dairy Processing & Infrastructure Development Fund’ scheme?

(a)  2017-18 to 2028-29
(b)  2016-17 to 2026-27
(c)  2017-18 to 2019-20
(d)  2016-19 to 2026-20

Answer: (a)
Related facts:

  • On September 12th, 2017, Cabinet Committee on Economic Affairs,  chaired by Prime Minister Shri Narendra Modi has approved a Dairy Processing & Infrastructure Development Fund” (DIDF) with an outlay of Rs 10,881 crore during the period from 2017-18 to 2028-29.
  • It is notable that consequent to the Union Budget 2017-18 announcement, Dairy Processing & Infrastructure Development Fund will be set up as a corpus of Rs 8004 crore with National Bank for Agriculture and Rural Development (NABARD)

Reference:
http://pib.nic.in/newsite/PrintHindiRelease.aspx?relid=67058
http://pib.nic.in/newsite/PrintRelease.aspx?relid=170712
https://twitter.com/MIB_India/status/907581847437180930