A) The Programme started in 1996-97
B) Under the programme, the central government provides financial assistance to states for speedy completion of ongoing irrigation projects.
C) 50% of the project cost is provided as grant by the central government
D) For special category states, the grant component of the financial assistance is 90%
Correct Answer: C
Solution :
[c] The Central Government launched the Accelerated Irrigation Benefit Programme (AIBP) from 1996-97 for extending loan assistance to states for the completion of near complete irrigation scheme. AIBP was specifically started because a large number of river valley projects - both major and medium - have spilled from plan to plan, mainly because of financial constraints of state governments. Some of these projects were in an advanced stage of construction and could provide irrigation benefits in four or five agricultural seasons. The completion of these projects, however, was beyond the resources capability of the State Governments.
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