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Initiatives For Employment Generation            

15th March, 2022 Economy

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Context

  • The Government of India has taken various steps for generating employment in the country – PIB.

 

Aatmanirbhar Bharat package

  • This is to provide stimulus to business and to mitigate the adverse impact of pandemic.
  • Under this package, the Government is providing fiscal stimulus of more than Rs. Twenty Seven lakh crore.
  • This package comprises of various long term schemes/ programmes/ policies for making the country self-reliant and to create employment opportunities.

 

Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGS)

  • It is a demand driven wage employment programme which provide for the enhancement of livelihood security of the households in rural areas of the country by providing at least one hundred days of guaranteed wage employment in every financial year to every household whose adult members volunteer to do unskilled manual work.
  • Under MGNREGS wage has been increased to Rs. 202 a day from Rs. 182.

 

Aatmanirbhar Bharat Rojgar Yojana (ABRY)

  • It was launched in 2020 as part of Atmanirbhar Bharat package 3.0 to incentivize employers for creation of new employment along with social security benefits and restoration of loss of employment during Covid-19 pandemic.
  • This scheme being implemented through the Employees’ Provident Fund Organisation (EPFO), seeks to reduce the financial burden of the employers and encourages them to hire more workers.

 

Pradhan Mantri Mudra Yojana (PMMY)

  • It is being implemented by the Government for facilitating self-employment.
  • Under PMMY, collateral free loans upto Rs. 10 lakh, are extended to micro/small business enterprises and to individuals to enable them to setup or expand their business activities.

 

Garib Kalyan Rojgar Abhiyaan

  • It was launched in 2020 to boost employment and livelihood opportunities for returnee migrant workers and similarly affected persons including youth in rural areas, in 6 States of Bihar, Jharkhand, Madhya Pradesh, Odisha, Rajasthan and Uttar Pradesh.

 

PM GatiShakti

  • Launched in 2021, it is an initiative aimed at coordinated planning and execution of infrastructure projects.
  • The objective is to bring down logistics costs.
  • The approach is driven by seven engines, namely, Roads, Railways, Airports, Ports, Mass Transport, Waterways, and Logistics Infrastructure. This approach is powered by Clean Energy and Sabka Prayas leading to huge job and entrepreneurial opportunities for all.

 

National Pipeline Infrastructure

  • The National Infrastructure Pipeline (NIP) for FY 2019-25 is a first-of-its-kind, whole-of-government exercise to provide world-class infrastructure to citizens and improving their quality of life.
  • It aims to improve project preparation and attract investments into infrastructure.

 

Other

  • The Government of India is encouraging various projects involving substantial investment and public expenditure on schemes like –

Prime Minister’s Employment Generation Programme (PMEGP) of the Ministry of Micro, Small & Medium Enterprises,

Pt. Deen Dayal Upadhyaya Grameen Kaushalya Yojana (DDU-GKY) of the Ministry of Rural Development,

Deen Dayal Antodaya Yojana-National Urban Livelihoods Mission (DAY-NULM) of the Ministry of Housing & Urban Affairs etc. for employment generation.

  • Besides these initiatives, various flagship programmes of the Government such as Make in India, Digital India, Smart City Mission, Atal Mission for Rejuvenation and Urban Transformation, Housing for All, Infrastructure Development and Industrial Corridors are also oriented towards generating employment opportunities.

 

All these initiatives are expected to collectively generate employment and boost output in the medium to long term through multiplier-effects.

 

https://www.pib.gov.in/PressReleasePage.aspx?PRID=1805787