Consider the following statements about Integrated Power Development Scheme (IPDS):

  1. The scheme is a central sector scheme
  2. Power Grid Corporation of  India Ltd (POWERGRID) is the nodal agency for the implementation of the scheme

Which of the above statements is/are correct?

Answer: [D] Neither 1 nor 2

First statement is incorrect because the scheme is a centrally sponsored scheme and not central sector scheme. Second statement is incorrect because the nodal agency for the implementation of the scheme is Power Finance Corporation of India

This question is a part of GKToday's Integrated IAS General Studies Module