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Q.

Choose the given statement is True/False


Swarnajayanti Gram Swarozgar Yojana (SGSY) was launched in 2000.


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a

True

b

False 

answer is B.

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Detailed Solution

The given statement is false. In 1999, Swarnajayanti Gram Swarozgar Yojana (SGSY) was launched. The program aims to lift the helped impoverished families out of poverty by forming self-help organisations using a combination of government assistance and bank credit. The SGSY intends to give villages self-employment through the formation of self-help organisations. Activity clusters are built based on the people's aptitude and skills, which are developed to the fullest extent possible. NGOs, banks, and other financial entities all provide money. On April 1, 1999, the Swarnajayanti Gram Swarojgar Yojana (SGSY) was introduced as an integrated initiative for the rural poor who wished to work for themselves.
Thus the correct statement would be SGSY was launched in 1999.
 
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Choose the given statement is True/FalseSwarnajayanti Gram Swarozgar Yojana (SGSY) was launched in 2000.