India 🇮🇳
The Government of India has implemented many schemes and policies to tackle unemployment through direct employment generation and skill development initiatives. Here are the major employment generation schemes:
1. Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA): 🚜
- Provides 100 days of guaranteed wage employment to rural households.
- Focuses on creating durable assets in rural areas.
- Includes skill development components for transitioning to skilled labour.
- Reduces dependency on seasonal employment and migration.
2. Prime Minister's Employment Generation Programme (PMEGP): 🏭
- Credit-linked subsidy scheme for establishing micro-enterprises.
- Provides 15-35% subsidy on project cost depending on category and location.
- Maximum project cost: ₹50 lakh for manufacturing, ₹20 lakh for services.
- Implemented by Khadi and Village Industries Commission (KVIC).
- Targets both rural and urban areas for employment generation.
3. Pradhan Mantri Kaushal Vikas Yojana (PMKVY): 🛠️
- Provides short-term training and certification in various skills.
- Focuses on employability and entrepreneurship development.
- Industry-aligned skill training programs.
4. Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY): 🎓
- Targets rural youth from poor families.
- Provides training and placement opportunities.
- Aims to enhance employability in formal sector jobs.
4August 25, 2026 4.9K 24