NRLM: Aims & Funding - Indian polity and Governance

Q.  Consider the following statements about NRLM

1. It promotes self-employment and organization of rural poor.
2. It is supported by World Bank with a credit of $1 Billion.

Which of the above statements is/are correct?
- Published on 11 Jul 15

a. Only 1
b. Only 2
c. Both
d. None

ANSWER: Both
 
NRLM scheme was launched in 2011 with a budget of $ 5.1 billion and is one of the flagship programmes of Ministry of Rural Development. This is one of the world's largest initiatives to improve the livelihood of poor.

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