31 October 2020 - Daily Current Affairs for UPSC

Daily Current Affairs for UPSC Civil Services Exam – 31 October 2020

In Today’s News:

NAFED and Operation Greens

1. NAFED and Operation Greens

News Summary

NAFED is planning to import onions to control soaring prices.

Prelims GS – Economic Development

NAFED:

National Agricultural Cooperative Marketing Federation of India Ltd.(NAFED) was established on the auspicious day of Gandhi Jayanti on 2nd October 1958.
Nafed is registered under the Multi-State Co-operative Societies Act.
Nafed was set up with the object to promote Cooperative marketing of agricultural produce to benefit the farmers.
Agricultural farmers are the main members of Nafed, who have the authority to say in the form of members of the General Body in the working of Nafed.

Operation Greens:

In the budget speech of Union Budget 2018-19, a new Scheme “Operation Greens” was announced on the line of “Operation Flood”, with an outlay of Rs.500 crore to promote Farmer Producers Organizations (FPOs #), agri-logistics, processing facilities, and professional management.
Accordingly, the Ministry of Food Processing Industries has formulated a scheme for integrated development of the Tomato, Onion, and Potato (TOP) value chain.
The scheme was extended during June 2020 to cover all fruits & vegetables (TOTAL) for a period of six months on a pilot basis as part of Aatmanirbhar Bharat Abhiyan.(Note: Important point to be noted)
NAFED will be the Nodal Agency to implement price stabilization measures.
The scheme will have a two-pronged strategy of price stabilization measures (for the short term) and Integrated value chain development projects (for the long term).

Click here to view the official website of Operation Greens.

Objectives:

i. Enhancing value realization of TOP farmers by targeted interventions to strengthen TOP production clusters and their FPOs, and linking/connecting them with the market.
ii. Price stabilization for producers and consumers by proper production planning in the TOP clusters and introduction of dual-use varieties.
iii. Reduction in post-harvest losses by creation of farm gate infrastructure, development of suitable agro-logistics, creation of appropriate storage capacity linking consumption centers.
iv. Increase in food processing capacities and value addition in the TOP value chain with firm linkages with production clusters.
v. Setting up of a market intelligence network to collect and collate real-time data on demand and supply and price of TOP crops.

Click here to view the operational guidelines of Operation Greens.

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Daily Current Affairs for UPSC Civil Services Exam – 31 October 2020

In Today’s News:

1. NAFED and Operation Greens

News Summary

Prelims GS – Economic Development

Operation Greens:

Objectives:

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