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Legislative measures taken by Indian government to remove the problem of poverty and unemployment?
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Legislative Measures to Address Poverty and Unemployment in India
- National Rural Employment Guarantee Act (NREGA): This act guarantees 100 days of wage employment in a financial year to every rural household whose adult members volunteer to do unskilled manual work.
- Pradhan Mantri Rojgar Yojana (PMRY): This scheme aims to provide self-employment opportunities to educated unemployed youth by assisting them in setting up their own enterprises.
- National Food Security Act (NFSA): This act aims to provide food and nutritional security by ensuring access to adequate quantity of quality food at affordable prices to the most vulnerable sections of society.
- Entrepreneurship Development Programs: Various government initiatives like Startup India, Standup India, and Skill India aim to promote entrepreneurship and skill development among the youth to create job opportunities.
- Micro, Small, and Medium Enterprises (MSME) Development Act: This act aims to promote, develop, and enhance the competitiveness of MSMEs to generate employment and alleviate poverty.
- Pradhan Mantri Kaushal Vikas Yojana (PMKVY): This scheme aims to enable a large number of Indian youth to take up industry-relevant skill training to secure a better livelihood.
- Direct Benefit Transfer (DBT) Scheme: This scheme aims to transfer subsidies directly to the people’s bank accounts, reducing leakages and ensuring benefits reach the intended beneficiaries.
These legislative measures are crucial in addressing the twin challenges of poverty and unemployment in India, providing a safety net for the vulnerable sections of society and promoting sustainable development.
- National Rural Employment Guarantee Act (NREGA): This act guarantees 100 days of wage employment in a financial year to every rural household whose adult members volunteer to do unskilled manual work.
- Pradhan Mantri Rojgar Yojana (PMRY): This scheme aims to provide self-employment opportunities to educated unemployed youth by assisting them in setting up their own enterprises.
- National Food Security Act (NFSA): This act aims to provide food and nutritional security by ensuring access to adequate quantity of quality food at affordable prices to the most vulnerable sections of society.
- Entrepreneurship Development Programs: Various government initiatives like Startup India, Standup India, and Skill India aim to promote entrepreneurship and skill development among the youth to create job opportunities.
- Micro, Small, and Medium Enterprises (MSME) Development Act: This act aims to promote, develop, and enhance the competitiveness of MSMEs to generate employment and alleviate poverty.
- Pradhan Mantri Kaushal Vikas Yojana (PMKVY): This scheme aims to enable a large number of Indian youth to take up industry-relevant skill training to secure a better livelihood.
- Direct Benefit Transfer (DBT) Scheme: This scheme aims to transfer subsidies directly to the people’s bank accounts, reducing leakages and ensuring benefits reach the intended beneficiaries.
These legislative measures are crucial in addressing the twin challenges of poverty and unemployment in India, providing a safety net for the vulnerable sections of society and promoting sustainable development.
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Legislative measures taken by Indian government to remove the problem of poverty and unemployment?
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Legislative measures taken by Indian government to remove the problem of poverty and unemployment? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Legislative measures taken by Indian government to remove the problem of poverty and unemployment? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Legislative measures taken by Indian government to remove the problem of poverty and unemployment?.
Legislative measures taken by Indian government to remove the problem of poverty and unemployment? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Legislative measures taken by Indian government to remove the problem of poverty and unemployment? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Legislative measures taken by Indian government to remove the problem of poverty and unemployment?.
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