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In which year was the Rural Employment Generation Programme launched?
1. 1993
2. 1995
3. 1992
4. 1994

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Correct Answer - Option 2 : 1995

The Correct Answer is 1995.

 

  • The Khadi & Village Industries Commission (KVIC) launched the Rural Employment Generation Programme (REGP) on 1st April 1995.
  • The aim of this scheme was to generate two million jobs under the KVI sector in the rural areas of the country.
  • The objectives were
    • Generation and expansion of employment opportunities in rural and urban areas across the country.
    • Establishment and generation of micro-enterprises for employment.
    • Smooth and easy flow of credit to the micro sector by facilitating the participation of financial institutions.
    • To increase the need for raw materials generated by small scale industries to high scale industries. 

 

  • The Khadi and Village Industries Commission (KVIC) is a statutory body formed by the Government of India, under the Act of Parliament, 'Khadi and Village Industries Commission Act of 1956'.
  • It is an apex organisation under the Ministry of Micro, Small and Medium Enterprises, with regard to khadi and village industries within India.

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