Identify the correct statement(s) from the following with reference to the 2023-24 Union Budget of the Government of India.
i. The outlay for PM Awas Yojana is being enhanced to over ₹79,000 crores.
ii. The targeted agriculture credit is ₹20 lakh crores.
iii. The Government has targeted to provide central assistance of approximately ₹10,000 crores to the drought-prone central region of Karnataka.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. i and ii.
Based on the Union Budget 2023–24, the following statements are evaluated:
i. The outlay for PM Awas Yojana is being enhanced to over ₹79,000 crores.
-
Correct. The Finance Minister announced a 66% increase in the outlay for the Pradhan Mantri Awas Yojana (PMAY), raising it to over ₹79,000 crore.
ii. The targeted agriculture credit is ₹20 lakh crores.
-
Correct. The agriculture credit target for the year was set at ₹20 lakh crore, focusing on sectors like animal husbandry, dairy, and fisheries.
iii. The Government has targeted to provide central assistance of approximately ₹10,000 crores to the drought-prone central region of Karnataka.
-
Incorrect. The central assistance earmarked for the drought-prone central region of Karnataka, specifically for the Upper Bhadra Project, was ₹5,300 crore, not ₹10,000 crore.