Financial sharing basis of Atal Mission for Rejuvenation and Urban Transformation AMRUT scheme betwe...........

Economic and social issues (RBI) Others

PASSAGE ON URABANISATION SCHEME (JNNURM / AMRUT)

Financial sharing basis of Atal Mission for Rejuvenation and Urban Transformation (AMRUT) scheme between Centre and State is done on. (2 marks)

This questions was previously asked in

RBI Grade B Phase 2 Exam (2021)

60:40 basis

50:50 basis

70:30 basis

80:20 basis

None of these

- The Atal Mission for Rejuvenation and Urban Transformation (AMRUT) is a government scheme for improving urban infrastructure and services.

- Financial sharing basis between Centre and State under AMRUT depends on the type of state:

- For most states, the Centre and State share project costs in a 60:40 ratio.

- For Northeastern and special category states, the ratio is 90:10 (not listed in the options).

- Option 1 (60:40 basis): This is the correct answer for most states under AMRUT.

- Option 2 (50:50 basis): Not the standard sharing ratio for AMRUT.

- Option 3 (70:30 basis): This was relevant for earlier schemes like JNNURM in some cases, not for AMRUT.

- Option 4 (80:20 basis): Not for AMRUT.

- Option 5 (None of these): Not correct, as 60:40 is given.

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