Answer» Correct Answer - Option 2 : 1995
The Correct Answer is 1995. - The Khadi & Village Industries Commission (KVIC) launched the Rural Employment Generation Programme (REGP) on 1st April 1995.
- The aim of this scheme was to generate two million jobs under the KVI sector in the rural areas of the country.
- The objectives were
- Generation and expansion of employment opportunities in rural and urban areas across the country.
- Establishment and generation of micro-enterprises for employment.
- Smooth and easy flow of credit to the micro sector by facilitating the participation of financial institutions.
- To increase the need for raw materials generated by small scale industries to high scale industries.
- The Khadi and Village Industries Commission (KVIC) is a statutory body formed by the Government of India, under the Act of Parliament, 'Khadi and Village Industries Commission Act of 1956'.
- It is an apex organisation under the Ministry of Micro, Small and Medium Enterprises, with regard to khadi and village industries within India.
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