Question

Which of the following statements accurately describes the Swarnajayanti Gram Swarojgar Yojana (SGSY)?

1. SGSY was launched in April 1999.
2. It is a program focused solely on providing financial aid to rural poor.
3. The primary objective of SGSY is to create sustainable income for the rural poor.
4. SGSY aims to establish a large number of micro-enterprises in rural areas.

• A. 4 only
• B. None of these
• C. 1, 3, 4
• D. 2, 3

Answer 1

Answer:

C. 1, 3, 4

• The Swarnajayanti Gram Swarojgar Yojana (SGSY) was a comprehensive rural development program launched in India in April 1999.

• Its core objective was to provide sustainable income to the rural poor by organizing them into self-help groups, providing training, credit, technology, infrastructure, and marketing support.

• The program aimed to establish numerous micro-enterprises in rural areas, with the goal of lifting assisted families above the poverty line within three years.

• It also incorporated specific provisions for disadvantaged groups, reserving a significant portion of benefits for Scheduled Castes/Scheduled Tribes, women, and persons with disabilities.

• Funding for SGSY was a shared responsibility between the central and state governments, with the former contributing 75% and the latter 25%.