Which of the following is designated as the Nodal Agency in Rajasthan to implement the Prime Minister Formalization of Micro Food Processing Enterprises (PM-FME) over a period of 5 years from 2020-21 to 2024-25?
Choose the most appropriate answer from the options given below:

Correct option is C

The Rajasthan State Agricultural Marketing Board (RSAMB) is the designated nodal agency in Rajasthan to implement the Prime Minister Formalization of Micro Food Processing Enterprises (PM-FME) scheme for the period 2020-21 to 2024-25. The PM-FME scheme aims to enhance the competitiveness of micro food processing enterprises by providing financial, technical, and business support. This initiative emphasizes the "One District One Product" approach to encourage food processing activities.

Information Booster:

1. PM-FME Scheme: A centrally sponsored scheme launched in June 2020 under the Atmanirbhar Bharat Abhiyan.
2. The scheme targets the unorganized sector micro food processing enterprises.
3. Rajasthan’s RSAMB is responsible for identifying and developing specific products under the One District One Product (ODOP) initiative.
4. The scheme also provides 50% subsidy for branding and marketing linked to ODOP products.
5. Financial support includes seed capital, credit-linked subsidies, and technical assistance.
6. The goal is to formalize and strengthen 2,00,000 micro-enterprises across the country.

Additional Knowledge:

• The Rajasthan State Agricultural Marketing Board (RSAMB): Established in 1974 to manage agricultural markets in Rajasthan and to promote agriculture-based activities.
• The Rajasthan State Food Marketing Board: Deals with public food distribution and related marketing policies.
• The Rajasthan State Applied Marketing Board: Focuses on specific agricultural technology implementation, but it is not connected to the PM-FME scheme.
• One District One Product (ODOP): A scheme to promote unique products of each district across states and improve their market reach.