when was the swarna jayanti gram swarozgaar yojana launched? Is in 1999
Answers
SGSY was launched on April 1, 1999 and is the only self employment Programme currently being implemented.
Answer:
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Swarnajayanti Gram Swarozgar Yojana (SGSY) was enacted in the dawn of the financial year of 1999-2000 as a replacement of six other affiliated schemes. The initiative was designed as an integrated program that caters to the self-employment of the rural poor. It is funded by the Centre and the State in a 75:25 ratio and is implemented by commercial banks, regional banks and cooperative banks. Other financial institutions, Panchayat Raj institutions, District Rural Development Agencies (DRDAs), Non-Government Organizations (NGOs), and technical institutions in the district will also undertake the process of planning, implementing and monitoring the scheme. This article seeks to create awareness of this self-employment scheme.
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