📈 EconomyUPSC 2011Fundamentals of Economy

With what purpose is the Government of India promoting the concept of “Mega Food Parks”?1. To provide good infrastructure facilities for the food processing industry.2. To increase the processing of perishable items and reduce wastage.3. To provide emerging and eco-friendly food processing technologies to entrepreneurs.Select the correct answer using the codes given below:

a1 only
b1 and 2 only
c2 and 3 only
d1, 2 and 3 Indian Economy 273
✓ Correct answer: b) 1 and 2 only
ExplanationThe Mega Food Park Scheme, launched in 2008–09, aims to significantly enhance the food processing industry by in- creasing value and reducing food waste throughout the supply chain, particularly for perishable goods.This initiative is over- seen by the Ministry of Food Processing Industries.The scheme is executed by a Special Purpose Vehicle (SPV), a corporate entity registered under the Companies Act, 2013. Based on a “Cluster” approach, the scheme focuses on developing advanced support infrastructure in specific agricultural or horti- cultural zones.This infrastructure is designed to enable the es- tablishment of modern food processing units on industrial plots within the park, supported by a well-established supply chain.Statement 1 is correct : Through a cluster-based approach, mega food parks build cutting-edge infrastructure facilities for food processing along the value chain from farm to market with strong forward and backward connections.Statement 2 is correct : The Scheme is aimed at providing a method for connecting agricultural production to the market by bringing to

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