The Ministry of Fisheries, Animal Husbandry and Dairying in May 2020 introduced a new scheme “Interest Subvention on Working Capital Loans for the Dairy Sector.” Which of the following is not true regarding the same?

1
To support Dairy Cooperatives and Farmer Producer Organizations engaged in dairy activities (SDC&FPO
2
Provisions for providing interest subvention of 3% per annum, with an additional incentive of 2% per annum 
3
Implemented by the Ministry of Fisheries, Animal Husbandry & Dairying through the National Dairy Development Board (NDDB), Anand
4
It is launched for 2020-21
5
Question Not Attempted

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