In which year was the Prime Minister Rozgar Yojana (PMRY) scheme launched?

By BYJU'S Exam Prep

Updated on: September 25th, 2023

(A) 1993

(B) 1995

(C) 1992

(D) 1994

In 1993, the Prime Minister Rozgar Yojana (PMRY) scheme was launched. The Prime Minister’s Rozgar Yojana (PMRY) project was introduced by the Indian government in 1993 to increase employment possibilities throughout the nation. Every educated unemployed youth with a minimum qualification of the VIIIth Standard is covered by the programme (passed).

Prime Minister Rozgar Yojana (PMRY) Scheme 

The Prime Minister’s Rozgar Yojana (PMRY) was introduced to help educated jobless impoverished people establish microbusinesses in order to give employment to educated unemployed young. Women, ITI graduates, and people who have completed government-sponsored technical training for at least six months are given preference.

Objectives of PMRY

Through the establishment of 7 lakh microbusinesses by educated unemployed young during the final four years of the VIII Five Year Plan, from 1993–1994 to 1996–1997, the PMRY sought to create jobs for more than a million people. The X Five Year Plan has seen the Scheme continue.

It has to do with creating self-employment businesses in all economically sound projects (except direct agricultural operations). The programme aims to collaborate with reputable non-governmental organizations in the implementation of the PMRY programme, particularly in the selection, training, and creation of project profiles.


In which year was the Prime Minister Rozgar Yojana (PMRY) scheme launched? (A) 1993 (B) 1995 (C) 1992 (D) 1994

The Prime Minister Rozgar Yojana (PMRY) programme was introduced in 1993. The Indian government launched the Prime Minister’s Rozgar Yojana (PMRY) scheme in 1993 to expand employment opportunities across the country.

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