Consider the following statements regarding the Decentralized Procurement Scheme (DCP) introduced by the Government of India in 1997-98: 1. Under the DCP scheme, State Governments directly undertake the procurement of foodgrains, store them, and distribute them under the Targeted Public Distribution System (TPDS). 2. The Food Corporation of India (FCI) monitors the quality of foodgrains and reimburses the entire economic cost incurred by the state governments as per approved costing sheets. 3. The primary objective of the DCP scheme was to enhance procurement efficiency, reduce transit losses, and save on transportation costs by promoting local consumption of locally procured grains. Which of the statements given above are correct?

Options:

  • A: 1 and 2 only
  • B: 2 and 3 only
  • C: 1 and 3 only
  • D: 1, 2 and 3

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