GK
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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How much percentage of the cost incurred in the Indira Awas Yojana Scheme for rural housing is shared between Centre and States?
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50 : 50
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65 : 35
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75 : 25
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90:10
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Explanation:
Detailed explanation-1: -It is funded by the Centre and State in the ratio of 75:25.
Detailed explanation-2: -Scope: IAY is a beneficiary-oriented programme aimed at providing houses for SC/ST households who are victims of atrocities, households headed by widows/unmarried women and SC/ST households who are below the poverty line. This scheme has been in effect from 1st April 1999.
Detailed explanation-3: -PMAY Gramin / PMAY rural aims at providing a pucca house with basic amenities to all homeless people and people living in kutcha and dilapidated houses by 2024. The PMAY rural scheme beneficiaries are identified using the Socio-Economic and Caste Census (SECC) and verified by the Gram Sabhas.
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