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      Question

      Atal Vayo Abhyuday Yojana (AVYAY) supports welfare of

      senior citizens. Evaluate the following statements: I. The scheme extends coverage to BPL senior citizens aged 60 years and above. II. The Ministry of Social Justice and Empowerment provides equity support of up to Rs. 1 crore to selected senior-citizen-focused startups. III. The minimum permissible floor area per resident in a government-funded old age home is 7.5 sq. mtr. IV. NGOs establishing old age homes can avail a government grant covering 40% of the capital cost. Identify the correct statements:
      A I and II only Correct Answer Incorrect Answer
      B II and III only Correct Answer Incorrect Answer
      C I, II and III only Correct Answer Incorrect Answer
      D II, III and IV only Correct Answer Incorrect Answer
      E I, III and IV only Correct Answer Incorrect Answer

      Solution

      Statement I is correct AVYAY targets BPL elderly citizens aged 60 years and above. Statement II is correct the Ministry of Social Justice provides equity support of up to Rs. 1 crore to eligible startups working in the elder-care space under the Senior Care Ageing Growth Engine (SAGE) initiative, which is a component of AVYAY. Statement III is correct the prescribed minimum bedroom/dormitory area per resident is 7.5 sq. mtr. Statement IV is incorrect the grant under AVYAY for NGOs to set up old age homes is 100% for BPL homes and varies for APL; the 40% figure is not the correct grant rate specified.

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