- They have entered into MoU for the purpose of increasing marketing for Horticulture produce in the UT.
- Both will work coordinately for branding and marketing of fruit crops and establish market exposure to non-seasonal vegies and flowers in Indian metro cities.
- Under this MoU, NAFED will offer financial support of Rs 1700 crores to implement high-density plantations like apple, walnuts, cherry pear flowers across 5500 hectares in upcoming 5 years.
- The NAFED will also establish 20 FPOs in J&K.
- The partnership will also lead to construct cold storage clusters in North Kashmir, South Kashmir and Kathua at the estimated cost of Rs 500 crores.
- Static Part:
- HQ of NAFED: New Delhi
- Dams in J&K: Salal Dam (Chenab River), Baglihar Dam (Chenab River)
- Stadium in J&K: Barkatullah Khan Stadium, SawaiMansingh Stadium
Question:
Q.1 With whom J&K signed MoU to offer marketing support for Horticulture produce of UT?
a. NAFED
b. NABARD
c. Jammu and Kashmir Bank
d. SIDBI
a. NAFED
b. NABARD
c. Jammu and Kashmir Bank
d. SIDBI
