In a recent virtual event, Prime Minister Narendra Modi launched a new financing scheme for agriculture under Rs.1 Lakh Crore to build agricultural infrastructure. The scheme is meant to build storage and processing facilities, which will help farmers get a higher return for their crops. The article highlights all advantages of this scheme. This news is related to the topic,Food processing and related industries in India- scope and significance, location, upstream and downstream requirements, supply chain management of gs 3. Details about the scheme can be important for prelims, whereas importance ,drawback of this scheme can be important for mains.
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