Question
Which of the following is NOT a traditional craft
covered under PMVS? Read the following passage and answer the Questions (Q no. 19 to 22) based on the passage. Upskilling unorganized workers in India is essential to harness the potential of a vast and often underutilized section of the labor force. The unorganized sector, which includes daily wage laborers, street vendors, domestic workers, agricultural laborers, and others, constitutes nearly 90% of India's workforce. Despite its size, this sector faces numerous challenges, including low wages, lack of social security, and limited access to formal education or training. Upskilling these workers is crucial to improving their livelihoods, increasing their productivity, and fostering inclusive economic growth. One of the key reasons for upskilling unorganized workers is to enhance their employability and income-earning potential. Most workers in this sector have limited access to formal education and skill development programs, which confines them to low-paying, labor-intensive jobs. By providing training in relevant skills, such as digital literacy, technical expertise, or even soft skills like communication and problem-solving, workers can transition to better-paying jobs or start small businesses. This can help them break the cycle of poverty and contribute to the overall economic progress of the country. Another critical benefit of upskilling is the improvement in job security and working conditions. Many workers in the unorganized sector lack access to stable employment and are often exposed to unsafe working environments. With proper skills training, they can acquire specialized knowledge that makes them more competitive in the job market, enabling them to negotiate better wages and conditions. Additionally, upskilled workers are more likely to find employment in industries that provide social security benefits and adhere to labor laws, leading to an improvement in their overall quality of life.Solution
Software Development is not a traditional craft covered under PMVS. The scheme focuses on traditional artisans and craftspeople.
Which organization has been appointed as the Nodal Agency by the Ministry of MSME for implementing the 'Capacity Building of First Time MSE Exporters' (...
It is a special account that a firm prepares to show the distribution of profits/losses among the partners or shareholders. Name of such account is:
Which of the following will result from high morale in an organisation?
What is the minimum tradable amount at which treasury bill is quoted in secondary market?Â
The Udyam Assist Portal (UAP) was launched to bring Informal Micro Enterprises (IMEs) into the formal system. What is the significance of the UAP certif...
Which state in India was the first to become fully organic?
The Basel III capital regulations were implemented in India with effect from _________ and have been fully implemented as on____________.
Which of the following is true regarding the General Insurance Business (Nationalization) Act, 1972?
When the right to apply to right issues is not exercised by the shareholder but is transferred by him/her in favor of another person, it is referred to ...
The approximate percentage change in a bond’s price for a 1% change in yield to maturity is given by:
