economics medium MCQ

The Deendayal Antyodaya Yojana - National Rural Livelihoods Mission (DAY-NRLM) primarily focuses on poverty alleviation by:

  1. Providing direct cash transfers to landless laborers
  2. Mobilizing rural women into Self-Help Groups (SHGs) and linking them to formal credit and skill development
  3. Distributing free tractors and farm equipment to marginal farmers
  4. Guaranteeing 200 days of urban wage employment

Answer: Mobilizing rural women into Self-Help Groups (SHGs) and linking them to formal credit and skill development

DAY-NRLM operates on the philosophy that the poor have a strong innate capability to lift themselves out of poverty if organized into robust, participatory institutions. By federating millions of rural women into SHGs, the scheme builds social capital, promotes financial literacy, facilitates access to bank credit, and eventually supports them in setting up micro-enterprises.

Topic Indian Economy - Schemes
Exam Relevance UPSC Prelims, SSC CGL, Railway