Current Affairs · Government Schemes
Consider the following statements regarding the ASPIRE scheme (A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship): I. The ASPIRE scheme aims to support the establishment of Livelihood Business Incubation (LBI) centres to promote entrepreneurship and startups in the agro-rural industry. II. Under the scheme, Technology Business Incubators (TBI) receive up to 100% funding of the project cost for plant and machinery. Which of the statements given above is/are correct?
- 1Neither I nor II
- 2Both I and II✓
- 3Only II
- 4Only I
Correct answer
Both I and II
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