debate : impact of employment generation programme on indian economy
Answers
The main objective of the scheme continues to be the generation of wage employment, creation of durable economic infrastructure in rural areas and provision of food and nutrition security for the poor.
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The scheme is a composition of two schemes- Prime Minister’s Rojgar Yojana and Rural Employment Generation Program. It is a credit-linked subsidy program that aims at generating employment opportunities through establishment of micro enterprises in rural as well as urban areas. The objective is to provide continuous and sustainable employment to a large segment of traditional and prospective artisans, rural and urban unemployed youth in the country. The scheme facilitates participation of financial institutions for higher credit flow to micro sectors
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