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24th June 2024 - R&D Under NGHM - Government Scheme
24th June 2024 - R&D Under NGHM - Government Scheme
Objectives
Academic organizations would be eligible for financial support up to 100% of the total
project cost, subject to a cap as decided by the concerned Sectoral Loan
Sub-Committee/Advisory
target of 16
Group under the Mission. lac crore has been
set for the current
The financial support to the private institutes/research organizationsyear
andand
industries
around 14would
be limited up to 80% of the total project cost, subject to a cap lac
crore has already
Pattern of release of assistance will be on milestone basis dependingbeen given
on the to the
requirement of
equipment in the project. farmers through
KCC.
➢ up to 30% of the total assistance excluding the institutional overheads would be released along
with the sanction
➢ Balance assistance excluding the institutional overheads would be sanctioned as per the annual
allocation based on the progress/milestone achieved in the project
R & D Scheme
Key Features
Awards for Innovation - In order to encourage innovation in Hydrogen R&D, the Mission will award
prizes on an annual basis. The award will consist of a citation and cash prize Rs. 5 lakh, Rs. 3 lakh
and Rs. 2 lakh
R & D Scheme
Q. Consider the following statement regarding the above
discussed scheme and select the correct ones?
a. Mission plans to increase oil palm cultivation to 1 million
hectares by 2025-26 and 1.7-1.8 million hectares by 2029-30.
b. Under the scheme, oil palm farmers will be provided financial
assistance and will get remuneration under a price and viability
formula.
c. It is a Central Sector Scheme with a special focus on the North
east region and the Andaman and Nicobar Islands
[1] a and b only
[2] b and c only
[3] a and c only
[4] a, b and c
[5] None of the above
Answer : [1] a and b only