2nd option is correct. 

The Govt. of India announced new urban poverty alleviation scheme namely National Urban Livelihood Mission (NULM), which replaced the old scheme of SJSRY. The NULM is launched with the objective to reduce poverty and vulnerability of the urban poor households by enabling them to access gainful self-employment and skilled wage employment opportunities, resulting in an appreciable improvement in their livelihoods on a sustainable basis, through building strong grassroots level institutions of the poor.