Class 11 Economics - Indian Economic Development - Chapter Poverty NCERT Solutions | Suppose you are from a poor family and y

Welcome to the NCERT Solutions for Class 11th Economics - Indian Economic Development - Chapter Poverty. This page offers a step-by-step solution to the specific question from Exercise 1, Question 8: suppose you are from a poor family and you wish to....
Question 8

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?

Answer

For setting up a pet 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 a low-income family in rural and urban areas can set up any kind of enterprise that can generate employment.

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