Daily Current Affairs on Apni Gaddi Apna Rozgar Scheme 2020 for State General Knowledge (GK) Preparation

Economy

Punjab

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Apni Gaddi Apna Rozgar Scheme 2020

Punjab govt. is going to start Apni Gaddi Apna Rozgar Scheme 2020 for unemployed youth. Under this Apni Gaddi Apna Rozgar Yojana, the state govt. will provide subsidy on purchase of vehicles. The main objective is to create Rojgar or self employment opportunities to enable people to earn their livelihood. All the jobless youths can now avail subsidy on loans for purchase of 3 wheelers / 4 wheelers vehicles.

The modalities of Apni Gaddi Apna Rozgar Scheme 2020 have been worked out by the state government of Punjab. The study of model of state like Maharashtra, Karnataka and West Bengal is being carried out where subsidy on purchase of vehicles is given for self employment is provided.

The revamped version of Apni Gadi Apna Rojgar Scheme is launched because the eligible beneficiaries were finding it difficult to arrange the margin money and get the vehicle financed from banks. Earlier, the Department of Employment Generation and Training had entered into agreement with web based cab providers like Ola / Uber and vehicles were to be arranged by the driving partners at their own cost.


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