✎ Matribhumi Scheme lets NRIs fund 60% of village projects in UP with 40% govt support, tax benefits, and name plaques.
Relevance for Banking, SSC & RBI Grade B exams: Polity & Governance
The Uttar Pradesh government’s *Matrubhumi Yojana* allows Non-Resident Indians (NRIs) and domestic migrants to fund rural development projects in their ancestral villages, with the state contributing 40% of the project cost while the donor bears 60%. Under this scheme, individuals can sponsor infrastructure like schools, hospitals, libraries, or solar-powered facilities, with their names or ancestors’ names inscribed on completion. The initiative aligns with governance models promoting public-private partnerships, a key topic in banking and civil service exams, as it demonstrates how state funds can be leveraged for grassroots development while incentivizing diaspora participation.
For banking aspirants, the scheme highlights fiscal prudence—balancing public expenditure with private contributions—relevant for questions on budgetary allocations and welfare schemes. SSC and RBI Grade B candidates should note its administrative structure, including the online portal (*mbhumi.upprd.in*) for transparent fund management, reflecting digital governance trends. The tax exemption benefit under the Income Tax Act further underscores policy incentives, a frequent theme in current affairs sections of these exams.
Source: amarujala.com
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