QUESTION: Consider the following statements about “One District One Product”:
- Scheme aims to provide 25 lakh employments in the state of Uttar Pradesh.
- This scheme was launched on 20 January.
- The scheme is expected to raise GDP of state by 2%.
Of the above the correct statements is /are:
(a) Only 1&2
(b) Only 2&3
(c) Only 1
(d) Only1&3
Answer: (d)
Related Facts:
- President Ram Nath Kovind inaugurated the One District One Product Summit on 10 August 2018, in Lucknow, Uttar Pradesh.
- Addressing to peoples he said that MSME (Micro Small and Medium Enterprises) acts as the backbone of our economy. Because of lower cost of capital it is widely practiced in rural and backward areas and provides employment on mass level.
- He further said that this scheme will enhance skill and will induce reach to products.
- Around 44% contribution is made by UP in country’s total handicrafts exports.
About One District One Product:
- One District One Product (ODOP) is a comprehensive scheme launched by UP Government on 24 January which identifies each district on the basis of specialization as well as traditional manufacturing and aims to promote the manufacturing by enriching the quality to meet international standard.
- This scheme will assure the inclusive and sustainable growth of the state.
- During the summit, loan papers with amount of 94 crore are distributed to artisan from 75 districts of UP, under tagline “Nayi Udaan, Nai Pehchan.”
- This scheme has a target of procuring 25 lakh employment in 5 years. Effective implementation of the scheme will raise GDP of state by 2%.
References:
http://pib.nic.in/newsite/PrintRelease.aspx?relid=181776
https://timesofindia.indiatimes.com/business/india-business/president-inaugurates-one-district-one-product-summit-in-up/articleshow/65351439.cms