Read the following passage carefully:
'In April 2026, the Ministry of Agriculture and Farmers Welfare introduced the PM-Kisan Drone Subvention Scheme. Under this scheme, Small and Marginal Farmers' Self Help Groups (SHGs) are entitled to a financial subsidy of 80% of the total cost of agricultural drones, capped at ₹8 lakh per drone. Individual progressive farmers receive a 40% subsidy up to a maximum limit of ₹4 lakh. Furthermore, Custom Hiring Centres (CHCs) operated by Cooperative Societies are eligible for a 60% grant, provided the drone is equipped with advanced multispectral sensors.'
According to the passage, what is the maximum financial subsidy capped per drone for Small and Marginal Farmers' Self Help Groups?
- ���8 lakhAnswer
- B₹4 lakh
- C60% of the total cost without any cap
- D₹10 lakh
Answer
₹8 lakh
The passage directly specifies that Small and Marginal Farmers' Self Help Groups (SHGs) are entitled to a financial subsidy capped at ₹8 lakh per drone.
Step-by-Step Solution
Key Concept
Explicit and Fact-Based Information Extraction