Which of the following statements with respect to the Revamped Rashtriya Gram Swaraj Abhiyan (RGSA) is/are correct? 1. The period of its implementation is 1st April, 2021 to 31st March, 2026. 2. The key objective of the Revamped RGSA is to develop the governance capabilities of the Panchayati Raj Institutions to deliver on the Sustainable Development Goals. 3. The share of the Central funding for the Revamped RGSA is 100% for all States and Union Territories. Select the answer using the code given below:

The correct answer is Option B (2 only).

Statement 1 is incorrect: The Revamped Rashtriya Gram Swaraj Abhiyan (RGSA) was approved by the Cabinet Committee on Economic Affairs for implementation from 1st April 2022 to 31st March 2026. This period is co-terminus with the 15th Finance Commission cycle; it did not commence in April 2021.

Statement 2 is correct: The primary objective of the Revamped RGSA is to reimagine Panchayati Raj Institutions (PRIs) as vibrant centers of local self-governance and economic growth. Its key goal is to develop their governance capabilities to deliver on the Sustainable Development Goals (SDGs). It emphasizes the "Localization of SDGs" at the grassroots level across nine thematic areas (e.g., poverty-free, healthy, and child-friendly villages).

Statement 3 is incorrect: The Revamped RGSA is a Centrally Sponsored Scheme comprising both Central and State components. While the Central component is fully funded by the Government of India, the State components follow a shared funding pattern. The ratio is 60:40 between the Centre and States for general category states. For North Eastern States, Hilly States, and the Union Territory of Jammu and Kashmir, it is 90:10. Only for other Union Territories is the Central share 100%.

Takeaway: Remember the Revamped RGSA by its alignment with the 15th Finance Commission (2022-2026) and its focus on SDG localization in Panchayats. Funding for Centrally Sponsored Schemes is rarely 100% for general states, usually defaulting to a 60:40 split.