CURRENT AFFAIRS

2021

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

KVIC signed two agreements to create employment for local people with which ministry?

A	Ministry of Tribal Affairs
B	Ministry of New and Renewable Energy
C	Ministry of Science and Technology
D	Ministry of Personnel, Public Grievances and Pensions

Explanation:

Detailed explanation-1: -The Prime Minister’s Employment Generation Programme (PMEGP) is a flagship scheme of the Ministry of MSME, which was launched in September 2008 by merging the erstwhile Rural Employment Generation Programme (REGP) implemented by KVIC and Pradhan Mantri Rojgar Yojana (PMRY) implemented by District Industries Centers.

Detailed explanation-2: -Through KVIC, the state khadi village industries board, and District Industries Centre, PMEGP is a credit-linked subsidy scheme for developing new micro, medium and small firms and creating employment opportunities in rural and urban parts of the country.

Detailed explanation-3: -Prime Minister Employment Generation Programme (PMEGP) Description. The scheme is implemented by Khadi and Village Industries Commission (KVIC) functioning as the nodal agency at the national level.

Detailed explanation-4: -The KVIC is charged with the planning, promotion, organisation and implementation of programs for the development of Khadi and other village industries in the rural areas in coordination with other agencies engaged in rural development wherever necessary.

There is 1 question to complete.