Which of the following schemes adopts the One District One Product (ODOP) approach to reap the benefit of scale in terms of procurement of inputs, availing common services and marketing of products?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. Pardhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME).
- Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME) Scheme primarily adopts One District One Product (ODOP) approach to reap the benefit of scale in terms of procurement of inputs, availing common services and marketing of products.
- It provides the framework for value chain development and alignment of support infrastructure.
- The scheme aims to enhance the competitiveness of existing individual micro-enterprises in the unorganized segment of the food processing industry and promote formalization of the sector.