Consider the following statements regarding the Gramodyog Vikas Yojana: It aims to develop the village industries through technological modernization. Both unemployed youth and Self Help Groups are beneficiaries under the scheme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?

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Consider the following statements regarding the 'Gramodyog Vikas Yojana:

It aims to develop the village industries through technological modernization.
Both unemployed youth and Self Help Groups are beneficiaries under the scheme.

Which of the statements given above is/are correct?

a)
1 only
b)
2 only
c)
Both 1 and 2
d)
Neither 1 nor 2

Correct answer is option 'C'. Can you explain this answer?

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Daily Current Affairs MCQ- September 5, 2023

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Consider the following statements regarding the Gramodyog Vikas Yojana...

Recently, the Chairman of the Khadi and Village Industries Commission (KVIC), Ministry of Micro, Small and Medium Enterprises distributed tool-kits and machineries to artisans under 'Gramodyog Vikas Yojna’.

It is one of the two components of Khadi Gramodyog Vikas Yojana which aims to promote and develop the village industries through common facilities, technological modernization, training etc.
It includes the activities carried out under different village industries.
Components of the Yojana:
Research & Development and Product Innovation: R&D support would be given to the institutions that intend to carry product development, new innovations, design development, product diversification processes etc.
Capacity Building: Under the Human Resource Development and Skill Training components, exclusive capacity building of staff as well as the artisans would be adequately addressed through the existing MDTCs and institutions of excellence.
Marketing & Publicity: The V.I. institutions will be provided market support by way of preparation of product catalogue, Industry directory, market research, new marketing techniques, buyer seller meet, arranging exhibitions etc.
Target beneficiaries: Artisans, Unemployed Youth and Self Help Groups (SHGs)
Eligibility criteria: Any person Traditional Artisans, Knowledge of Skill experience in Art and craft.

Hence both statements are correct.

Answered by Notes Wala · View profile

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Community Answer

Consider the following statements regarding the Gramodyog Vikas Yojana...

The correct answer is option 'C': Both 1 and 2.

Explanation:
The Gramodyog Vikas Yojana is a scheme implemented by the Government of India to promote the development of village industries through technological modernization. It aims to provide employment opportunities and improve the overall economic conditions of rural areas. The scheme focuses on empowering and supporting both unemployed youth and Self Help Groups (SHGs).

1. Aim to develop village industries through technological modernization:
The Gramodyog Vikas Yojana aims to promote the development of village industries by adopting modern technology and techniques. This is done to enhance productivity, improve the quality of products, and make the industries more competitive in the market. By modernizing the village industries, the scheme aims to create employment opportunities, increase income levels, and contribute to the overall economic growth of rural areas.

2. Beneficiaries under the scheme:
The Gramodyog Vikas Yojana benefits both unemployed youth and Self Help Groups (SHGs). Unemployed youth are provided with training and skill development programs to enable them to start their own businesses or become employed in the village industries. The scheme also supports and provides assistance to Self Help Groups, which are community-based organizations consisting of individuals who come together for a common economic or social purpose. SHGs are provided with financial assistance, training, and guidance to establish and run their own enterprises.

The Gramodyog Vikas Yojana recognizes the potential of both unemployed youth and Self Help Groups in contributing to the development of village industries. By providing them with the necessary support and resources, the scheme aims to empower them and create sustainable livelihoods in rural areas.

In conclusion, both statements regarding the Gramodyog Vikas Yojana are correct. The scheme aims to develop village industries through technological modernization and provides assistance to both unemployed youth and Self Help Groups.

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Consider the following statements regarding the Gramodyog Vikas Yojana: It aims to develop the village industries through technological modernization. Both unemployed youth and Self Help Groups are beneficiaries under the scheme.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'C'. Can you explain this answer?

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