Explain the self-employment scheme initiated by the government.
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It is a credit linked subsidy programme being implemented by Ministry of Micro, Small and Medium Enterprises. It aims at generating self-employment opportunities through establishment of micro enterprises by organizing traditional artisans and unemployed youth.
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Under the scheme central funds were allocated to states on the basis of ratio of rural poor in a state to the total poor in the country. ... The SGSY is conceived as a holistic programme of micro enterprises covering all aspects of self - employment which includes organising rural poor into Self - Help Groups ( SHGs ).
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