In which year ‘Priyadarshini Awas Yojana’ was started?

8th June, 2013
25th June, 2002
14th August, 2004
12th March, 2004

The correct answer is: C. 14th August, 2004.

Priyadarshini Awas Yojana (PMAY) is a centrally sponsored scheme launched by the Government of India on 14th August, 2004. The scheme aims to provide housing for the homeless and the poor. The scheme is implemented by the Ministry of Housing and Urban Poverty Alleviation (MoHUA).

The scheme provides financial assistance to the beneficiaries for construction or purchase of houses. The assistance is provided in the form of a loan, which is repayable over a period of 20 years. The interest rate on the loan is 6% per annum.

The scheme is open to all Indian citizens who are below the poverty line. The beneficiaries are selected on the basis of their income and assets. The scheme is implemented through the State Governments and Union Territories.

The scheme has been successful in providing housing to a large number of people. As of March 2017, the scheme has provided housing to over 1.5 crore people.

The following are the options for the question:

A. 8th June, 2013: This is the date on which the Pradhan Mantri Awas Yojana (PMAY) was launched. PMAY is a different scheme from Priyadarshini Awas Yojana.

B. 25th June, 2002: This is the date on which the Indira Awas Yojana (IAY) was launched. IAY is a different scheme from Priyadarshini Awas Yojana.

C. 14th August, 2004: This is the correct answer.

D. 12th March, 2004: This is the date on which the Rajiv Awas Yojana (RAY) was launched. RAY is a different scheme from Priyadarshini Awas Yojana.