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Q.

What is the fund for PM Shri?

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Detailed Solution

Here are the key funding details for the Pradhan Mantri Schools for Rising India (PM SHRI) scheme:

  • The total budget for the scheme over the five-year period (2022-23 to 2026-27) is ₹27,360 crore, of which the central government’s share is ₹18,128 crore.
  • The cost-sharing pattern is:
    • For most states/UTs with legislatures: Centre : State = 60 : 40.
    • For North-Eastern & Himalayan states (and J&K): ratio is 90 : 10.
    • For Union Territories without legislature: 100% central funding. 
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