Explanation: In May 2019, Prime Minister Narendra Modi announced a significant financial assistance package to the state of Odisha. The amount of 1000 crore was a part of the government's broader strategy to support the economic development and welfare of the state. This financial aid was intended to be used for various developmental projects and welfare schemes that would benefit the people of Odisha.
The announcement of financial assistance to states is a common practice in India, where the central government provides funds to support state-level initiatives. These funds are often allocated for specific purposes such as infrastructure development, education, healthcare, and social welfare programs. The amount of financial assistance can vary based on the needs and priorities of the state, as well as the overall economic situation of the country.
In the case of Odisha, the 1000 crore announced by PM Modi was a substantial sum that would have a significant impact on the state's development. The funds were likely to be used for a variety of projects, including the construction of roads, schools, and hospitals, as well as the implementation of social welfare programs aimed at improving the quality of life for the people of Odisha.
It is important for students to be aware of such announcements as they are often part of the general knowledge and current affairs sections in competitive examinations. Understanding the context and the purpose of such financial assistance can help in comprehending the broader economic and developmental policies of the government.
In summary, the correct answer is 1000 crore, as this was the amount announced by PM Narendra Modi in May 2019 to support the state of Odisha. This financial assistance was aimed at promoting the economic development and welfare of the state through various developmental projects and welfare schemes.