Which of the following statement is correct regarding Rashtriya Vayoshri Yojana (RVY)?
I. It is a Central Sector Scheme.
II. It is a Senior Citizens' Welfare Fund.
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3: Both I and II.
- Explanation:
- The Rashtriya Vayoshri Yojana (RVY) is a significant welfare scheme of the Government of India. Both statements provided in the question are absolutely correct in the context of this scheme:
- Central Sector Scheme: This is a scheme fully funded by the Central Government. This means that 100% of the expenditure incurred on its implementation is borne by the Central Government.
- Senior Citizens' Welfare Fund: The financial resources required for this scheme are drawn from the 'Senior Citizens' Welfare Fund'.
Key Facts about the Rashtriya Vayoshri Yojana:
- Launch: This scheme was launched on April 1, 2017, from Nellore (Andhra Pradesh).
- Nodal Ministry: It operates under the Ministry of Social Justice and Empowerment.
- Objective: To provide assisted living devices to senior citizens belonging to the Below Poverty Line (BPL) category who are suffering from age-related physical disabilities (such as low vision, hearing impairment, or difficulty in walking).
- Implementing Agency: This scheme is primarily implemented by ALIMCO—the 'Artificial Limbs Manufacturing Corporation of India'.
- Important Questions for Upcoming Examinations:
Question: Under which ministry does the Rashtriya Vayoshri Yojana fall?
Answer: Ministry of Social Justice and Empowerment.
Question: What is provided to the beneficiaries under this scheme?
Answer: Assisted living devices such as walking sticks, elbow crutches, hearing aids, tripods, wheelchairs, and spectacles.
Question: What is the primary eligibility criterion to avail the benefits of this scheme?
Answer: The beneficiary must be over 60 years of age and must belong to the BPL category.