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VAMBAYsands for
  • a)
    Valmiki Ann Awas Yojna
  • b)
    Valmiki Ambedkar Ann Yojna
  • c)
    Valmiki Ambedkar Awas Yojna
  • d)
    none of these
Correct answer is option 'C'. Can you explain this answer?
Most Upvoted Answer
VAMBAYsands fora)Valmiki Ann Awas Yojnab)Valmiki Ambedkar Ann Yojnac)V...
The correct answer is option 'C': Valmiki Ambedkar Awas Yojna.

Explanation:
Valmiki Ambedkar Awas Yojna (VAMBAY) is a government scheme that aims to provide affordable housing to the urban poor in India. It is named after two prominent social reformers and leaders, Maharishi Valmiki and Dr. B.R. Ambedkar, who fought for the rights and upliftment of marginalized communities.

VAMBAY was launched in 2001 by the Ministry of Housing and Urban Poverty Alleviation, Government of India. The scheme primarily targets the Scheduled Castes, Scheduled Tribes, and other economically weaker sections of society. Its goal is to improve the living conditions of these vulnerable groups by providing them with housing options.

Under the Valmiki Ambedkar Awas Yojna, the government provides financial assistance to eligible beneficiaries to construct or upgrade their houses. The scheme offers subsidies and loans to ensure that the cost of housing becomes affordable for the beneficiaries. The amount of financial assistance provided varies depending on the category of the beneficiary and the location of the housing project.

The implementation of VAMBAY is carried out by the state governments in coordination with local urban bodies. The scheme has been successful in enabling the construction of thousands of houses for the urban poor across India. It has played a crucial role in addressing the housing needs of marginalized communities and ensuring their access to safe and decent living conditions.

In conclusion, Valmiki Ambedkar Awas Yojna (VAMBAY) is a government scheme aimed at providing affordable housing to the urban poor in India. It is named after Maharishi Valmiki and Dr. B.R. Ambedkar and seeks to uplift marginalized communities by improving their living conditions through housing assistance.
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