The Pradhan Mantri Rojgar Yojana was started during the _________.

Question

Question

This question was previously asked in

SSC CGL 2023 Tier-I Official Paper (Held On: 17 Jul 2023 Shift 1)

Answer 1

The correct answer is Eighth Five Year Plan.Key Points

The Pradhan Mantri Rojgar Yojana was started during the Eighth Five Year Plan, which was from 1992-1997.
The aim of the scheme was to provide employment opportunities to the unemployed youth of the country by promoting self-employment and entrepreneurship.
The scheme was later replaced by the Prime Minister's Employment Generation Programme (PMEGP) in 2008, which continues to provide financial assistance to start-ups and micro-enterprises.
The Seventh Five Year Plan was from 1985-1990, Ninth Five Year Plan was from 1997-2002, and Tenth Five Year Plan was from 2002-2007.
Hence, options 1, 3, and 4 are incorrect.

Additional Information

The Pradhan Mantri Rojgar Yojana was launched by the Ministry of Micro, Small and Medium Enterprises (MSMEs) and was implemented through the District Industries Centres (DICs).
The scheme provided subsidy up to 15% of the project cost, subject to a maximum of Rs. 7,500 per entrepreneur for setting up of new projects.
The Seventh Five Year Plan focused on accelerating economic growth and modernizing the industry, while the Ninth Five Year Plan emphasized on poverty reduction and human development.
The Tenth Five Year Plan aimed at achieving a GDP growth rate of 8% and reducing poverty by half.
The Eighth Five Year Plan, under which the Pradhan Mantri Rojgar Yojana was launched, aimed at increasing agricultural and industrial production, improving infrastructure, and promoting social sector development.