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Cabinet approved Production-Linked incentive Scheme

Published on November 12, 2020
Current Context: The Cabinet Committee of Economic Affairs has approved the Continuation and Revamping of the Scheme for Financial Support to Public-Private Partnership in
Cabinet approved Production-Linked incentive Scheme
Infrastructure Viability Gap Funding Scheme till 2024-25.
  • This is extended with an outlay of Rs 8,100 crore. 
  • This will help to promote and strengthen PPP (Public-Private Partnership) in the social and economic infrastructure domain. 
  • This financial support will allow proper operation and maintenance, efficient creation of assets and will make the socially essential projects commercially viable.
  • This grant amount will help to develop water supply, wastewater treatment, Health and Education sectors.
  • Also, the committee said that the centre will provide 30% of the total project cost while the state governments and sponsoring ministry will have to provide additional support of up to 30% of the total project cost. 

Question: 

Q.1 Recently how much amount was granted by the Cabinet Committee of Economic Affairs to Public-Private Partnership in Infrastructure Viability Gap Funding Scheme till 2024-25?
a. Rs 7,100 crore
b. Rs 9,100 crore
c. Rs 6,100 crore 
d. Rs 8,100 crore
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