The Central Government has decided to follow 70:20:10 funding formula for centrally sponsored schemes. Which of the following principles are involved in funding mechanism?
- Environment Protection
Select the correct option from the codes given below:
The funding mechanism for centrally sponsored schemes is based upon 70:20:10 ratio. Seventy per cent could be allocated on the basis of equality; 20 per cent on the basis of equity; and 10 per cent on the basis of performance.
This question is a part of GKToday's Integrated IAS General Studies Module