Answer-Atal Vayo Abhyuday Yojana (AVYAY) supports welfare of senior citizens. Evaluate the following statem...

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 bedroomdormitory 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.

Question

Atal Vayo Abhyuday Yojana (AVYA

Y 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

B II and III only

C I, II and III only

D II, III and IV only

E I, III and IV only

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