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    Madhya Pradesh has been awarded by the Government of India in the years 2021–22, 2022–23 and 2023–24 for the best implementation of which of the fol
    Question

    Madhya Pradesh has been awarded by the Government of India in the years 2021–22, 2022–23 and 2023–24 for the best implementation of which of the following ambitious schemes of the country?

    A.

    National Agricultural Development Scheme

    B.

    Kisan Credit Card Scheme

    C.

    Agriculture Infrastructure Fund Scheme

    D.

    State Food Processing Scheme

    Correct option is C

    The correct answer is (c) Agriculture Infrastructure Fund Scheme
    Explanation:
    • Madhya Pradesh has been awarded by the Government of India for the best implementation of the Agriculture Infrastructure Fund (AIF) Scheme for three consecutive years: 2021–22, 2022–23, and 2023–24.
    • The AIF scheme is a central government initiative to provide medium-to-long term debt financing for investment in viable projects for post-harvest management infrastructure and community farming assets.
    • The award recognizes MP's efforts in mobilizing finance and supporting farmers in creating better infrastructure like storage facilities and processing units.
    • This scheme helps reduce post-harvest losses and increases farmers' incomes.
    Information Booster:
    • The AIF scheme offers financial assistance with interest subvention of 3% per annum up to ₹2 crore for eligible beneficiaries.
    • The scheme encourages private investment in agriculture infrastructure.
    Additional Knowledge:
    (a) National Agricultural Development Scheme: A significant scheme, but MP specifically excelled in the AIF scheme implementation recently.
    (b) Kisan Credit Card Scheme: A well-known scheme for credit access, but not the specific scheme for which MP received this repeated recognition.
    (d) State Food Processing Scheme: A state-level initiative, while the award was for a central government scheme.

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