Economics • Indian EconomyMedium
How does the Chhattisgarh Minor Forest Produce Cooperative Federation contribute to the tribal economy and rural livelihood generation in the state?
A. By organizing collection, processing, and minimum support price procurement of minor forest produce such as tendu leaves and mahua flowers✓ Correct Answer
B. By managing hydroelectric power generation plants on major river basins
C. By regulating the wholesale market prices of iron ore exported to foreign steel mills
D. By issuing commercial vehicle driving licenses to forest dwellers
💡 Solution & Explanation
The Chhattisgarh State Minor Forest Produce Cooperative Federation manages the collection and procurement of minor forest produce under minimum support price frameworks, empowering tribal collectors and ensuring fair remuneration through cooperative networks. Tendu leaves collection constitutes a major source of supplementary seasonal income for rural families. Value addition units established by the federation further enhance tribal earnings.
More Economics Indian Economy questions
- Examine the fiscal framework established under the 'Fiscal Responsibility and Budget Management (FRBM) Act,…
- What is the primary objective of the 'PM-GKAY' (Pradhan Mantri Garib Kalyan Anna Yojana) implemented by the…
- What does the 'Fiscal Deficit' in the Union Budget of India signify?
- Analyze the statutory framework of the Fiscal Responsibility and Budget Management Act, 2003. Which targets…
- Evaluate the strategic objectives of the 'SVAMITVA' scheme implemented by the Ministry of Panchayati Raj in…