Prime Minister's Rozgar Yojana (PMRY)

Prime Minister’s Rozgar Yojana (PMRY) for providing self-employment to educated unemployed youth of economically weaker sections has been in operation since October 2, 1993.

         The scheme aims at assisting the eligible youth in setting up self-employment ventures in industry, service & business sectors. The scheme intends to cover urban and rural areas.

              CONSTITUTION OF DISTRICT PMRY COMMITTEE

FUNCTIONS

·         To keep various agencies informed of the basic parameters and the requirements of the Scheme and the tasks to be performed by these agencies.

·         To review progress of training and keeping over all expenditure within sanctioned limits.

·         To monitor and evaluate the Scheme to ensure its effectiveness.

·         To secure inter departmental coordination and cooperation.

·         To monitor and help the banks in recovery of the loans.

·         To give publicity to the achievements made and disseminate knowledge and buildup awareness about the Scheme.

·         To send periodical statements to the State/UT Governments in the prescribed formats.

    

                      CONSTITUTION OF STATE/UT PMRY COMMITTEE 

FUNCTIONS

·         To provide leadership and guidance to the District PMRY committees in the planning, implementation and monitoring of the Scheme.

·         To secure inter departmental coordination between various implementing agencies and to ensure development of strong backward and forward linkages.

·         To review expenditure to ensure that it remains within the sanctioned limit.

·         To review the physical targets and achievements.

·         To monitor and evaluate the implementation of the scheme.

·         To monitor and help the banks in recovery of the loans.

·         To provide the forum for a meaningful dialogue at the State/UT level between various implementing agencies.

                       CONSTITUTION OF HIGH POWERED COMMITTEE

FUNCTIONS

The main functions of High Powered Committee are as follows :

1.      To ensure effective implementation of the scheme.

2.      To review the progress of the scheme in physical, financial and quantitative terms.

3.      To consider concurrent evaluation reports.

4.      To serve as a standing forum for interaction among the State Govts. and different departments, banks and agencies involved in the implementation of the scheme.

5.      To consider proposal for providing entrepreneurial development assistance and strengthening institutions and infrastructure relating to entrepreneurship development.

6.      Revision or modifications of operational guidelines.