Poverty and employment

Indian Economic System(PCS)

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Consider the following regarding 'Swarna Jayanti Swarozgar Yojana (SGSY)'

1) It has been renamed as National Rural Livelihood Mission (NRLM).

2) The focus of the programme is on establishing a large number of micro-enterprises in rural areas.

3) The scheme is being implemented by Ministry of Rural.

Which of the given above statement (s) is/ are correct?

1 and 2

2 and 3

1 and 3

1, 2 and 3

Explanation:

All the statements are correct.

Swarna Jayanti Shahari Rozgar Yojana (SJSRY) in India is a Centrally Sponsored Scheme which came into effect on 1 December 1997. The scheme strives to provide gainful employment to the urban unemployed and underemployed poor, through encouraging the setting up of self-employment ventures or provision of wage employment.

The SJSRY scheme is being implemented on a cost-sharing basis between the Centre and the States in the ratio of 75:25. Given the low allocations for the scheme, only about 2 lakh urban poor under skill development and 50,000 under self-employment are being benefitted under SJSRY annually.

By: Cammy Garg

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