With reference to power sector in India, consider the following statements. 1. Rural electrification has been treated as a basic minimum service under the Prime Minister’s Gramodaya Yojana. 2. 100% Foreign Direct Investment in power is allowed without upper limit. 3. The Union Ministry of Power has signed a memorandum of understanding with 14 states. Which of these statement(s) is/are correct?
(A) Only 1
(B) 1 and 2
(C) 2 and 3
(D) Only 3
Important Facts
Rural electrification is part of PMGY, and 100% FDI is allowed in the power sector.
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