- 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:
a. NAFED
b. NABARD
c. Jammu and Kashmir Bank
d. SIDBI
