Consider the following statements regarding the Member of Parliament Local Area Development Scheme (MPLADS).
1. The MPLADS is a Central Sector Scheme fully funded by the Government of India.
2. The Ministry will release the MPLADS fund at the rate of Rs. 2 crores per Member of Parliament for the remaining period of FY 2021-22.
3. The annual MPLADS fund entitlement per Member of Parliament (MP) constituency is Rs.5 crore, released in two installments of Rs.2.5 crore each.
Which of the statements given above is/are correct?
1
1 and 2 only
2
2 and 3 only
3
1, 2 and 3
4
3 only