Economics • Indian EconomyMedium
What is the strategic objective of establishing dedicated agro-industrial parks and food parks through agencies like Punjab Infotech and Punjab Agro Industries Corporation?
A. To promote crop diversification, reduce post-harvest losses, and encourage value-addition in agricultural produce✓ Correct Answer
B. To convert all agricultural land into residential real estate townships for foreign investors
C. To ban the cultivation of wheat and paddy across all agro-climatic zones of the state
D. To centralize all retail grain sales exclusively under multinational supermarket chains
💡 Solution & Explanation
Agro-industrial parks facilitate food processing, cold storage, and supply chain infrastructure, helping diversify Punjab's agriculture and minimize crop waste. Converting agricultural land into residential townships violates land conversion regulations. Cultivation of wheat and paddy is not banned; diversification is incentivized rather than forced. Retail sales remain diversified across mandis, local merchants, and organized outlets.
More Economics Indian Economy questions
- What does the 'National Monetisation Pipeline (NMP)' launched by the Government of India seek to accomplish?
- Which institution in India is statutorily responsible for compiling and releasing official estimates of Gross…
- What is the primary objective of the Mahatma Gandhi National Rural Employment Guarantee Act implemented…
- How does the implementation of the PM-KISAN scheme interact with state-level agricultural support programs in…
- What is the primary operational mechanism and economic objective of the 'Insolvency and Bankruptcy Code'…