New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Which of the following Schemes of Government contributed

    towards Inclusive Growth of India? I- Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) II- PM-KISAN III- PM Garib Kalyan Anna Yojana
    A Only I Correct Answer Incorrect Answer
    B I & II Only Correct Answer Incorrect Answer
    C I & III Only Correct Answer Incorrect Answer
    D III Only Correct Answer Incorrect Answer
    E I, II, & III Correct Answer Incorrect Answer

    Solution

    Growth is inclusive when it creates jobs. Both official and unofficial sources confirm that employment levels have risen in the current financial year. The Periodic Labour Force Survey (PLFS) shows that the urban unemployment rate for people aged 15 years and above declined from 9.8 per cent in the quarter ending September 2021 to 7.2 per cent one year later (quarter ending September 2022). The scheme implemented by the government under the Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) has been rapidly creating more assets in respect of “Works on individual’s land” than in any other category. In addition, schemes like PM-KISAN, which benefits households covering half the rural population, and PM Garib Kalyan Anna Yojana have significantly contributed to lessening impoverishment in the country.

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