ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -Valmiki Ambedkar Awas Yojana (VAMBAY) was launched by the Prime Minister on December 2, 2001, with a view to ameliorating the conditions of the urban slum dwellers living below poverty line by providing them with dwelling units and the facility of community toilets.

Detailed explanation-2: -The primary objective of Valmiki Ambedkar Awaas Yojana is to provide shelter for people living in urban slums. This scheme is targeted to those who are under the poverty line, and aims to either build new shelter or upgrade existing shelter for thousands of slum dwellers.

Detailed explanation-3: -The Correct answer is Valmiki Ambedkar Awaas Yojana. It was an central government scheme which focused on the upliftment of living condition of people in urban slums across the country. It was launched on December 2, 2001.

Detailed explanation-4: -In pursuance of this vision of “Slum free India”, Rajiv Awas Yojana (RAY) was launched in June 2011 in two phases; the preparatory phase for a period of two years which ended in June 2013 and implementation phase. Central Government has approved the implementation phase for the period of 2013-2022.

Detailed explanation-5: -Valmiki Ambedkar Awas Yojana is launched to facilitate construction and up-gradation of the dwelling units for the slum dwellers. It was the first scheme meant exclusively for slum dwellers. Valmiki Ambedkar Awas Yojana was launched on 2nd December 2001.