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Indian Economy

Notes 6. Introduction of Rural Works Programmes: Rural works programmes should be increased.
7. Modernisation of Agriculture: Modernisation of agriculture should be done. Waste lands
should be utilised.

8. Stress on Self-employment: Young entrepreneurs should be financed for self-employment.
9. Subsidies to Private Sector: Subsidies and other incentives should be given to private
sector.

5.9 Government Sponsored Programmes

You must understand the various government sponsored programs:
The Government at Centre and State are applying Programmes for improving poverty,
providing profitable employment to numerous divisions of the people viz. men, women,
and youth by making accessible the requisite investment from the banking system.
Subsidy is made available to the extent of 25%, 331/3% and 50% dependent upon the level
of income, group of people etc.
Some of the major Programmes being implemented in the Union territory of Puducherry are
given below:

“Puducherry Backward Classes and Minorities Development Corporation Ltd.,” Women
& PH

BC Welfare: Programme for Backward Class People and Minorities through welfare
schemes.
PADCO: Programme for Adi-Dravidars through “ Puducherry Adi Dravidar Development
Corporation”.
PMRY: Prime Minister’s Rozgar Yojana.
REGP: KVIC-Margin Money Scheme by KVIC & PKVIB MUPSES: Motivation of
Unemployed Persons to start self-employed Enterprises Scheme 2006.
SGSY: Swarnjayanti Gram Swarozgar Yojana.
SJSRY: Swarnajayanthi Shahari Rozgar Yojana.

Welfare: Programmes for Women and Physically Handicapped through “Puducherry
Corporation for Development of Women and Handicapped Persons Ltd.”

Swarnjayanti Gram Swarozgar Yojana (SGSY)

This is an improved scheme, replacing IRDP and other sub-schemes.
It came into being during the Golden Jubilee year of Indian Independence, and the scheme
originates its name to mark the instance.
The salient features of this scheme are:
It is a restructured antipoverty programme, for generation of employment.

There would be change from individual receiver method to a cluster/group approach. To
assist this process, Self-Help Groups (SHG) is formed.
SHGs, which have confirmed the potential of feasible group, will be measured for rotating
fund support originally after first grading and support for economic events will be

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