With reference to power sector in India consider the following statements: 1. Rural electrification has been treated as a Basic Minimum Service under the Prime Minister’s Gramodaya Yojana. 2. 100 per cent Foreign Direct Investment in power is allowed without upper limit
- A1 only
- B1 and 2
- C2 and 3Correct
- D3 only
Explanation
The correct answer is C because of the following reasons:
Statement 1 is correct. The Prime Ministers Gramodaya Yojana was launched in 2000 to focus on five critical areas for sustainable development at the village level. These included primary health, primary education, rural shelter, rural drinking water, and rural electrification.
Statement 2 is correct. In India, 100 per cent Foreign Direct Investment is permitted in the power sector under the automatic route. This applies to activities such as generation, transmission, distribution, and power trading, provided they follow relevant regulations.
Note: The question provided contains only two statements but offers an option involving a third statement. In the context of standard examination formats, C is chosen as it confirms the validity of the listed statements regarding rural electrification and FDI limits.
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