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Question

Select the wrong statement regarding Veer Chandra Singh Garhwali Self-Employment Project--

A This scheme started from 1 June 2002. Correct Answer Incorrect Answer
B Under this scheme, the maximum limit of 33% subsidy for non-vehicle items in hilly areas has been increased from Rs 15 lakh to Rs 33 lakh Correct Answer Incorrect Answer
C In the plain areas, this assistance limit was increased by 25% from the maximum of Rs 10 lakh to Rs 25 lakh Correct Answer Incorrect Answer
D Assistance for electric vehicle/luxury in vehicle item has been increased to 50% maximum up to Rs 10 lakh Correct Answer Incorrect Answer

Solution

The Veerchandra Singh Garhwali Tourism Self Employment Scheme has been a vital initiative for over two decades, specifically addressing the persistent unemployment among youth who have completed their education. One of the key aspects of the scheme is the subsidy provided for non-vehicle items, which has now been increased by 33% in hilly areas, reaching a maximum of ₹15.00 lakh, and in plain areas, it has been raised by 25% to a maximum of ₹25.00 lakhs. Additionally, the subsidy for vehicle items has undergone adjustments, with electric and luxury vehicles now eligible for a 50% subsidy, capped at ₹20.00 lakh. These enhancements are designed to further incentivize and support self-employment initiatives, fostering economic development in both hilly and plain regions.

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