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What is the funding ratio between the Government of India and the states for the Indira Awas Yojana (IAY)?

  1. The Government of India and the states share the costs of the IAY in a 50:50 ratio.
  2. The funding for the IAY is entirely borne by the state governments.
  3. The IAY is funded on a cost-sharing basis between the Government of India and the states in the ratio of 75:25.

    A1, 3

    B1 only

    C3 only

    DNone of these

    Answer:

    C. 3 only

    Read Explanation:

    • The Indira Awas Yojana (IAY) operated as a centrally sponsored scheme, meaning that the financial burden was shared between the central government and the state governments.

    • The agreed-upon ratio for this cost-sharing was 75% funded by the Government of India and 25% funded by the respective state governments.

    • This model ensured that the central government provided significant financial support while states also contributed to the implementation and success of the program.


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