Which of the following became the first Indian state to give electricity subsidies to farmers through Direct Benefit Transfer in January 2021?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Madhya Pradesh
- Madhya Pradesh became the first State to give electricity subsidies through Direct Benefit Transfer.
- With this, it has fulfilled a power reform condition as proposed by the Centre and is thus eligible for additional borrowing.
- This made the State eligible to mobilise additional financial resources equivalent to 0.15 percent of its Gross State Domestic Product (GSDP).