The Pradhan Mantri Gram Sadak Yojana PMGSY was launched by the Govt of India to provide connectivity...........

Geography Transport

The Pradhan Mantri Gram Sadak Yojana (PMGSY) was launched by the Govt. of India to provide connectivity to unconnected Habitations as part of a poverty reduction strategy. Which of the following statement/s about it is/are correct?

1. It is a scheme formulated by the centre but is funded by the states

2. It runs under Ministry of Road Transportation and Highways

Select the correct answer using codes given below

1 only

2 only

Both are correct

Neither is correct

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Explanation:

The Pradhan Mantri Gram Sadak Yojana (PMGSY) is a nationwide plan in India to provide good all-weather road connectivity to unconnected villages. Of 178,000 (1.7 lakh) habitations with a population of above 500 in the plains and above 250 in the hilly areas planned to be connected by all-weather roads, 82% were already connected by December 2017 and work-in-progress on the remaining 47,000 habitations was on-track for completion by March 2019 (c. December 2017).

This Centrally Sponsored Scheme was introduced in 2000 by the then-prime minister of India Atal Behari Vajpayee.
The PMGSY is under the authority of the Ministry of Rural Development and was begun on 25 December 2000.It is fully funded by the central government. During November 2015, following the recommendations of the 14th Finance Commission, the Sub-Group of Chief Ministers on Rationalization of Centrally Sponsored Schemes, it was announced that the project will be funded by both the central government (60%) and states (40%).