Question

The Kerala Self-Employment Scheme for the Registered Unemployed (KESRU) was implemented in which year?

• A. 1999
• B. 2000
• C. 1995
• D. 2005

Answer 1

Answer:

A. 1999

Kerala Self-Employment Scheme for the Registered Unemployed (KESRU)

• The Kerala Self-Employment Scheme for the Registered Unemployed (KESRU) was officially launched in 1999 by the Government of Kerala.

• Its primary objective is to alleviate unemployment among the educated youth in Kerala by providing them with opportunities and financial assistance to start their own self-employment ventures.

• The scheme specifically targets individuals who are registered with the Employment Exchanges in Kerala, emphasizing the need to tap into the state's skilled but unemployed workforce.

• KESRU operates by facilitating access to institutional credit (bank loans) for aspiring entrepreneurs and providing a significant subsidy component from the state government, making it easier for beneficiaries to manage their initial capital.

• The scheme is implemented through the Employment Department of the Government of Kerala, with district-level committees overseeing the selection process and project monitoring.

• Beneficiaries can pursue a wide range of self-employment activities, including small-scale industries, trade, services, and agricultural ventures, thereby fostering economic diversification.