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Unemployment is a major social issue in India. As of September 2018, according to the Indian government, India had 31 million jobless people. [48] The numbers are widely disputed.The uses of digital manufacturing and machinery in factories and garments are leading to unemployment in India. The unemployment rates declined to 6.5% in January 2021.
In response to the cries for help, the Indian government put together a nationwide welfare scheme aimed at targeting this very issue: The Mahatma Gandhi National Rural Employment Guarantee Act, or MGNREGA. The Government of India introduced the MGNREGA social welfare program in 2005 to address the problem of unemployment and poverty in rural ...
It is a part of India’s strategy to create a cashless economy, improving financial inclusion and transparency while reducing reliance on cash-based transactions. PM Ujjwala Yojana (PM Lighting Scheme) CSS MoP&NG: 2016 Energy, Health, Poverty Launched to provide free LPG connections to women from below poverty line families. [48]
In its annual report of 2012, the Reserve Bank of India named the state of Goa as having the least poverty of 5.09% while the national average stood at 21.92% [7] The table below presents the poverty statistics for rural, urban and combined percentage below poverty line (BPL) for each State or Union Territory. [7]
Swarna Jayanti Shahari Rozgar Yojana (SJSRY) in India is a Centrally Sponsored Scheme which came into effect on 1 December 1997. The scheme strives to provide gainful employment and livelihood to the urban unemployed and underemployed poor, through encouraging the setting up of self-employment ventures or provision of wage employment.
The National Rural Livelihood Mission (NRLM) is a poverty alleviation project implemented by the Ministry of Rural Development, a branch of the Government of India.This plan is focused on promoting self-employment and the organization of rural poor.
Various poverty lines and resulting percentage of BPL population Method Line Figure % of poor population Poor population World Bank (2021) poverty line 1.90 (PPP $ day) 6 84m [7] lower middle-income line 3.20 (PPP $ day) 26.2 365m [7] upper middle-income line 5.50 (PPP $ day) 60.1 838m [7] Asian Development Bank (2014) poverty line
This is India's flagship assistance for housing designed specifically to reduce rural and urban homelessness and poverty. Under the scheme, financial assistance worth ₹ 420,000 (US$4,900) in plain areas and ₹ 530,000 (US$6,100) in difficult areas (high land area) is provided for construction or upgradation of houses for low income groups ...