Can the same beneficiary receive multiple grants for the same project in a financial year?

The correct answer indicates that each beneficiary may not receive more than one grant for the same project within a financial year. This policy is often implemented to ensure fair distribution of resources and to prevent any one project from draining funds disproportionately. It encourages a variety of beneficiaries to engage in projects rather than allowing a single beneficiary to monopolize funding opportunities.

This rule can also help maintain accountability and proper tracking of how grants are utilized, ensuring that funds are allocated to diverse needs and projects. In cases where multiple grants are necessary for similar projects, beneficiaries are typically encouraged to seek funding for different initiatives instead. This approach promotes innovation and the development of new ideas rather than allowing one beneficiary to gain an unfair advantage through repeated funding for the same project.

While it might seem beneficial for a project to receive support from various sources, strict guidelines around granting help to sustain a balanced ecosystem in grant distribution, necessitating adherence to the policy that limits funding to avoid duplication.