Q. Consider the following statements regarding “Member of Parliament Local Area Development Scheme (MPLADS)”:
1.It was launched after the subprime lending crisis.
2.In April 2011 the corpus was enhanced to Rs. 5crores from 2crores.
Which of the statements given above is/are not correct?
Answer: A
Notes:
Explanation: The Member of Parliament Local Area Development Scheme (MPLADS) is the last of the Central Plans and latest to have been launched, too.
- The scheme was launched on December 23, 1993, with only Rs. 5lakh given to each MP which was increased to Rs. 1crore in the year 1994–95.
- When the MPs did make a demand to increase the sum to Rs. 5crore in 1997–98, finally the government enhanced it to Rs. 2crore since 1998–99.
- In April 2011 the corpus was enhanced to Rs. 5crore while announcing the new guidelines for the scheme.
Source: Ramesh Singh
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