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Consider the following statements regarding the 'Gramodyog Vikas Yojana:
  1. It aims to develop the village industries through technological modernization.
  2. 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?
Most Upvoted 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 government scheme aimed at the development of village industries through technological modernization. It focuses on providing support and assistance to small and medium-scale industries in rural areas. The scheme aims to promote entrepreneurship, generate employment opportunities, and improve the overall economic condition of rural areas.

Under the Gramodyog Vikas Yojana, both unemployed youth and Self Help Groups (SHGs) are beneficiaries.

1. Technological Modernization:
The primary objective of the Gramodyog Vikas Yojana is to promote the modernization of village industries. The scheme aims to provide financial assistance and support to these industries for adopting modern technology, improving productivity, and enhancing the quality of their products. This helps in increasing the competitiveness of village industries in the market and enables them to meet the growing demands of consumers.

2. Beneficiaries:
The scheme benefits both unemployed youth and Self Help Groups (SHGs). Unemployed youth can avail of various incentives, training programs, and financial assistance to start their own small-scale industries in rural areas. This not only provides them with a source of livelihood but also encourages entrepreneurship and self-employment.

Self Help Groups (SHGs), which are groups of individuals who come together for a common economic purpose, are also beneficiaries under the scheme. SHGs can avail of financial assistance, capacity building programs, and market linkages to enhance their existing village industries or start new ones. This helps in empowering rural women and marginalized sections of society by providing them with opportunities for income generation and economic independence.

In conclusion, the Gramodyog Vikas Yojana aims to develop village industries through technological modernization and benefits both unemployed youth and Self Help Groups.
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Community Answer
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.
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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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