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What is one of the primary focuses of rural infrastructure development according to the annual report?
What is one of the primary focuses of rural infrastructure development according to the annual report?
How does investment in infrastructure contribute to employment in an economy?
How does investment in infrastructure contribute to employment in an economy?
What was the total amount sanctioned for NABARD-managed infrastructure funds as of March 31, 2024?
What was the total amount sanctioned for NABARD-managed infrastructure funds as of March 31, 2024?
Which factor is essential for transforming India's growth trajectory according to the report?
Which factor is essential for transforming India's growth trajectory according to the report?
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What is the cumulative amount disbursed by NABARD-managed funds by the end of March 2024?
What is the cumulative amount disbursed by NABARD-managed funds by the end of March 2024?
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One of the strategic goals of rural infrastructure investment is to achieve what?
One of the strategic goals of rural infrastructure investment is to achieve what?
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According to the report, what does the 'multiplier effect' of infrastructure investment indicate?
According to the report, what does the 'multiplier effect' of infrastructure investment indicate?
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What is the primary way that rural infrastructure is expected to affect food security?
What is the primary way that rural infrastructure is expected to affect food security?
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What is the total corpus of the Fisheries and Aquaculture Infrastructure Development Fund (FIDF)?
What is the total corpus of the Fisheries and Aquaculture Infrastructure Development Fund (FIDF)?
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Which organization is one of the nodal loaning entities for the Fisheries and Aquaculture Infrastructure Development Fund?
Which organization is one of the nodal loaning entities for the Fisheries and Aquaculture Infrastructure Development Fund?
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As of March 31, 2024, how many projects were sanctioned under the Dairy Processing and Infrastructure Development Fund (DIDF)?
As of March 31, 2024, how many projects were sanctioned under the Dairy Processing and Infrastructure Development Fund (DIDF)?
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What was the disbursement amount for the Fisheries and Aquaculture Infrastructure Development Fund during FY2024?
What was the disbursement amount for the Fisheries and Aquaculture Infrastructure Development Fund during FY2024?
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Which state was NOT mentioned as a beneficiary state for the FIDF?
Which state was NOT mentioned as a beneficiary state for the FIDF?
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What is the milk powder processing capacity specified for the Dairy Processing and Infrastructure Development Fund?
What is the milk powder processing capacity specified for the Dairy Processing and Infrastructure Development Fund?
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What is the total target investment amount for the Dairy Processing and Infrastructure Development Fund?
What is the total target investment amount for the Dairy Processing and Infrastructure Development Fund?
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For how long was the Fisheries and Aquaculture Infrastructure Development Fund initially set for lending?
For how long was the Fisheries and Aquaculture Infrastructure Development Fund initially set for lending?
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What was the cumulative disbursement amount under the Fisheries and Aquaculture Infrastructure Development Fund by March 31, 2024?
What was the cumulative disbursement amount under the Fisheries and Aquaculture Infrastructure Development Fund by March 31, 2024?
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What processing capacity does the bulk milk cooler have under the Dairy Processing and Infrastructure Development Fund?
What processing capacity does the bulk milk cooler have under the Dairy Processing and Infrastructure Development Fund?
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What is the primary goal of NABARD's Food Processing Fund?
What is the primary goal of NABARD's Food Processing Fund?
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What is one of the primary focuses of NABARD's new policy guidelines for working capital financing?
What is one of the primary focuses of NABARD's new policy guidelines for working capital financing?
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How much financial assistance has NABARD committed for food processing projects up to FY2024?
How much financial assistance has NABARD committed for food processing projects up to FY2024?
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Which of the following sectors is emphasized for collaboration with NABARD for financial assistance?
Which of the following sectors is emphasized for collaboration with NABARD for financial assistance?
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Which of the following states is NOT mentioned in NABARD's Food Processing Fund initiative?
Which of the following states is NOT mentioned in NABARD's Food Processing Fund initiative?
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What impact does the development of the food processing sector aim to achieve?
What impact does the development of the food processing sector aim to achieve?
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How does NABARD's initiative aim to impact sustainable economic growth?
How does NABARD's initiative aim to impact sustainable economic growth?
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What role do innovations in infrastructure financing have according to the initiatives discussed?
What role do innovations in infrastructure financing have according to the initiatives discussed?
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What is a significant projected output value of India’s food processing sector by FY2026?
What is a significant projected output value of India’s food processing sector by FY2026?
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Which demographic does NABARD's collaborative approach particularly aim to support?
Which demographic does NABARD's collaborative approach particularly aim to support?
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What does NABARD seek to achieve through the enhancement of RIDF support?
What does NABARD seek to achieve through the enhancement of RIDF support?
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What is a significant outcome associated with the proposed NABARD initiatives?
What is a significant outcome associated with the proposed NABARD initiatives?
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Which of the following best describes the type of projects NABARD is encouraging through financial assistance?
Which of the following best describes the type of projects NABARD is encouraging through financial assistance?
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What is the importance of digital and physical infrastructure synergy as mentioned in the initiatives?
What is the importance of digital and physical infrastructure synergy as mentioned in the initiatives?
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What is NABARD especially exploring to aid entrepreneurs in food processing?
What is NABARD especially exploring to aid entrepreneurs in food processing?
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What is the primary aim of the Rural Infrastructure Development Fund (RIDF)?
What is the primary aim of the Rural Infrastructure Development Fund (RIDF)?
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Which sector received the majority of the financial sanctions from NABARD under RIDF during FY2024?
Which sector received the majority of the financial sanctions from NABARD under RIDF during FY2024?
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How much did NABARD allocate under RIDF for FY2024?
How much did NABARD allocate under RIDF for FY2024?
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What percentage increase did the RIDF allocation receive over FY2023?
What percentage increase did the RIDF allocation receive over FY2023?
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Which of the following outcomes is NOT attributed to the RIDF?
Which of the following outcomes is NOT attributed to the RIDF?
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What types of projects are primarily financed by the Rural Infrastructure Development Fund?
What types of projects are primarily financed by the Rural Infrastructure Development Fund?
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In which year was the Rural Infrastructure Development Fund (RIDF) established?
In which year was the Rural Infrastructure Development Fund (RIDF) established?
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Which organization is responsible for managing the Rural Infrastructure Development Fund?
Which organization is responsible for managing the Rural Infrastructure Development Fund?
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What was the total amount sanctioned toward rural projects by NABARD in FY2024?
What was the total amount sanctioned toward rural projects by NABARD in FY2024?
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What aspect of rural growth is NOT directly supported by RIDF funding?
What aspect of rural growth is NOT directly supported by RIDF funding?
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Study Notes
Investment in Infrastructure
- Investment in infrastructure has a significant multiplier effect on economic growth and employment.
- Government plans emphasize rural infrastructure development to improve connectivity and logistics.
- Intra-regional infrastructure integration can transform India’s growth trajectory by connecting rural areas with urban centers.
NABARD-managed Infrastructure Funds
- Data as of 31 March 2024 illustrates large financial allocations for rural infrastructure projects:
- Cumulative total sanctioned: ₹61,002.3 crore
- Cumulative total disbursed: ₹54,287.0 crore
- Distinct funds include RIDF, RIPF, FIDF, and MIF, contributing to rural development and infrastructure enhancements.
Synergy of Physical and Digital Infrastructure
- Merging physical and digital infrastructures is critical for sustainable development and enhancing living standards globally.
- NABARD is working on policy guidelines to facilitate working capital finance for food processing units outside designated food parks.
- Collaborations with commercial banks, regional rural banks, and cooperative banks are being explored for financial assistance.
Rural Infrastructure Development Fund (RIDF)
- RIDF was instituted in 1996 to support public investment and bridge infrastructure gaps between rural and urban areas.
- In FY2024, RIDF received an allocation of ₹40,474.6 crore, representing a 2.4% increase from FY2023.
- Approved ₹50,115.5 crore for financing projects in agriculture, irrigation, social sectors, and rural connectivity.
Dairy Infrastructure Development Fund (DIDF)
- 32 projects across 12 states have been sanctioned under DIDF, focusing on dairy processing.
- Key capacities:
- Milk processing: 7.4 million litres per day (MLPD)
- Milk powder processing: 265 metric tonnes per day (MTPD)
- Disbursement till date: ₹2,260.9 crore out of targeted investment of ₹4,465.5 crore.
Fisheries and Aquaculture Infrastructure Development Fund (FIDF)
- FIDF was established with a corpus of ₹7,522.5 crore, with NABARD acting as a nodal loaning entity.
- The scheme is extended to 31 March 2026, having sanctioned ₹3,248.3 crore for 82 projects.
- Disbursement reported at ₹880.6 crore during FY2024 across various states.
Food Processing Fund (FPF)
- India's food processing sector targeted to reach an output of $535 billion by FY2026.
- FPF aims to enhance food security, reduce post-harvest losses, create employment, and stimulate economic growth.
- NABARD has allocated ₹1,191.6 crore for food processing projects in 17 states, including North-Eastern Region states.
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Description
This quiz covers the significance of investing in infrastructure for economic growth and employment, highlighting government efforts in rural development. It also discusses the financial allocations by NABARD for various infrastructure funds and the importance of merging physical and digital infrastructures for sustainable development.
