What is the total outlay approved by the Union Cabinet for the seven schemes aimed at improving farmers' lives?
Current Affairs
National
Difficulty: Medium
Choose an option
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A₹10,500 crore
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B₹12,000 crore
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C₹14,235.30 crore
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D₹16,500 crore
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E₹20,000 crore
Answer
Correct Answer: ₹14,235.30 crore
Explanation
### Concept & Fact
The Union Cabinet regularly approves budgetary outlays for the agricultural sector to support farmers and boost technological integration in farming.
### Step-by-Step Solution
* The Union Cabinet approved seven comprehensive schemes to improve farmers' lives and increase their income.
* These schemes include the Digital Agriculture Mission, Crop Science for Food Security, and Sustainable Livestock Health among others.
* The total consolidated financial outlay approved for these seven initiatives is exactly ₹14,235.30 crore.
### Exam Strategy & Shortcut
For current affairs questions involving financial data, exact decimal values (like `.30`) often act as strong memory anchors. Memorize the precise figure rather than just the rounded approximation.
### Common Pitfall
Rounding off financial figures during preparation can lead to confusion during the exam, especially when options are closely clustered.
### Final Answer
Therefore, the correct answer is **₹14,235.30 crore**.