Consider the following statements:1.The idea of Farmer Producer Organisations (FPO) was conceived by the Yogendra Alagh Committee.2.Agriculture, animal husbandry and fisheries sectors are the backbone of the country’s economy and strengthening them will strengthen the country’s economy.3.Over the past decade, there has been a significant reduction in the budgetary allocation for the agricultural sector.How many of the above statements are correct?

Q. Consider the following statements:
1.The idea of Farmer Producer Organisations (FPO) was conceived by the Yogendra Alagh Committee.
2.Agriculture, animal husbandry and fisheries sectors are the backbone of the country’s economy and strengthening them will strengthen the country’s economy.
3.Over the past decade, there has been a significant reduction in the budgetary allocation for the agricultural sector.
How many of the above statements are correct?

[A] Only one

[B] Only two

[C] All three

[D] None

Answer: B

Notes:

Statements 1 and 2 are correct. The idea of Farmer Producer Organisations (FPO) was conceived by the Yogendra Alagh Committee in 2003. Agriculture, animal husbandry and fisheries sectors are the backbone of the country’s economy and strengthening them will strengthen the country’s economy.

Statement 3 is incorrect. The budget allocation for the agriculture sector has increased by 5.6 times. In 2013-14, the agriculture budget was Rs 21,000 crore, it has now increased to Rs 1.15 lakh crore in the year 2023-24.

Source: ForumIAS

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