The Pradhan Mantri Rojgar Yojana was started during the _________.
Eighth Five Year Plan
Understanding the Pradhan Mantri Rojgar Yojana and Five Year Plans
The question asks about the specific period, in terms of India's Five Year Plans, during which the Pradhan Mantri Rojgar Yojana was initiated. To answer this, we need to know when the Pradhan Mantri Rojgar Yojana (PMRY) was launched and correlate that year with the timeline of the various Five Year Plans.
What is the Pradhan Mantri Rojgar Yojana (PMRY)?
The Pradhan Mantri Rojgar Yojana (PMRY) is a significant credit-linked subsidy scheme launched by the Government of India. Its primary objective was to create self-employment opportunities for the educated unemployed youth in the country. The scheme aimed to provide financial assistance to these individuals to set up their own enterprises in sectors like industry, services, and business.
Timeline of India's Five Year Plans
India has historically structured its development efforts through a series of Five Year Plans. Each plan had specific goals and priorities. Knowing the duration of these plans is crucial for answering questions like this one. Here are the periods for the relevant Five Year Plans mentioned in the options:
| Five Year Plan | Period |
|---|---|
| Seventh Five Year Plan | 1985 - 1990 |
| Eighth Five Year Plan | 1992 - 1997 |
| Ninth Five Year Plan | 1997 - 2002 |
| Tenth Five Year Plan | 2002 - 2007 |
Identifying the Five Year Plan for PMRY Launch
The Pradhan Mantri Rojgar Yojana (PMRY) was launched in the year 1993.
Now, let's look at which Five Year Plan period the year 1993 falls into based on the table above:
- The Seventh Five Year Plan ended in 1990.
- The Eighth Five Year Plan covered the period from 1992 to 1997.
- The Ninth Five Year Plan started in 1997.
- The Tenth Five Year Plan started in 2002.
Since 1993 is between 1992 and 1997, the Pradhan Mantri Rojgar Yojana was started during the Eighth Five Year Plan.
Analyzing the Options
Let's examine why the other options are incorrect:
- Ninth Five Year Plan: This plan ran from 1997 to 2002. PMRY was launched in 1993, which is before this period.
- Seventh Five Year Plan: This plan ran from 1985 to 1990. PMRY was launched in 1993, which is after this period.
- Tenth Five Year Plan: This plan ran from 2002 to 2007. PMRY was launched in 1993, which is well before this period.
Conclusion on Pradhan Mantri Rojgar Yojana Timing
Based on the launch year of 1993, the Pradhan Mantri Rojgar Yojana was initiated during the Eighth Five Year Plan period (1992-1997).
Revision Table: Key Five Year Plans and Initiatives
| Five Year Plan | Period | Notable Focus/Initiatives (Examples) |
|---|---|---|
| Seventh Plan | 1985-1990 | Food, Work, Productivity; Jawahar Rozgar Yojana |
| Eighth Plan | 1992-1997 | Human Development; Liberalization; Pradhan Mantri Rojgar Yojana (PMRY) launched |
| Ninth Plan | 1997-2002 | Growth with Justice and Equity; Swarnajayanti Gram Swarozgar Yojana (SGSY) |
| Tenth Plan | 2002-2007 | Poverty Reduction; Focus on social sector; National Rural Employment Guarantee Act (NREGA) discussion/introduction period |
Additional Information about Pradhan Mantri Rojgar Yojana (PMRY)
The Pradhan Mantri Rojgar Yojana was a pioneering scheme aimed at tackling urban and rural unemployment among the educated youth. Key features included:
- Providing loans for starting businesses.
- A component of government subsidy on the loan amount.
- Focusing on young people who have passed 8th standard and are aged 18-35 (with relaxations for certain categories).
- Addressing self-employment needs across various economic sectors.
Over time, the scheme underwent modifications and was eventually merged with other similar schemes into the Prime Minister's Employment Generation Programme (PMEGP) in 2008.
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