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Suppose You Are from a Poor Family and You Wish to Get Help from the Government to Set up a Petty Shop. Under Which Scheme Will You Apply for Assistance and Why? - Economics

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Question

Suppose you are from a poor family and you wish to get help from the government to set up a petty shop. Under which scheme will you apply for assistance and why?

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Solution

For setting up a petty shop, I would apply for financial assistance under the programme of Prime Minister’s Rozgar Yojana(PMRY). Under this programme, an unemployed educated person from low-income family in rural and urban areas can set up any kind of enterprise that can generate employment.

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Chapter 4: Poverty - Exercise [Page 79]

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