Question
Download Solution PDFIn which year was the Rural Employment Generation Program launched in India?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is 1995.Key Points
- The Rural Employment Generation Program (REGP) was launched by the Ministry of Micro, Small and Medium Enterprises in 1995.
- The program aims to create sustainable employment opportunities in rural areas by promoting self-employment ventures in non-farm sectors.
- REGP provides financial assistance to individuals and groups for setting up micro-enterprises in sectors such as food processing, handicrafts, and textiles.
- The program also offers training and skill development programs to enhance the entrepreneurial skills of rural youth.
Additional Information
- Within the Indian government is the Ministry of Micro, Small, and Medium Enterprises.
- It is the highest executive body in India responsible for creating and enforcing laws, rules, and regulations pertaining to micro, small, and medium-sized businesses.
- It was established in 2007.
- New Delhi serves as the headquarters.
Last updated on Jun 30, 2025
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