Q10 · UPSC current affairs · 29 August 2026 · News · Healthcare Scheme for Building and Construction Workers

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What is the primary source of funding for the social security and healthcare schemes administered by state-level Welfare Boards for building and construction workers?

A Direct grants from the Reserve Bank of India
B Statutory welfare cess collected from builders under the BOCW Welfare Cess Act, 1996
C Mandatory monthly subscriptions deducted from corporate social responsibility (CSR) funds
D Foreign direct investments in real estate projects

Correct answer: (b) Statutory welfare cess collected from builders under the BOCW Welfare Cess Act, 1996

Explanation

The BOCW Welfare Cess Act, 1996 provides for the levy and collection of a cess on construction costs to fund social security schemes for construction workers. The other options do not constitute the statutory funding mechanism.

Same topic · past papers

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  5. 2025 · Q70 · General Studies · 2 marks

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