When was the Swarnajayanti Gram Swarozgar Yojana (SGSY) launched by the Government of India?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 1999.
- The Swarnajayanti Gram Swarozgar Yojana (SGSY) was introduced by the Government of India in 1999.
- This self-employment scheme aims to promote self-reliance among rural poor by providing them with skill development, training, and financial assistance to start their own micro-enterprises.
- By focusing on group-based approaches, the program encourages the formation of self-help groups (SHGs) to facilitate access to credit and resources.
- The SGSY aims to improve living standards in rural areas, empower marginalized communities, and contribute to sustainable rural development through entrepreneurship and skill enhancement.