Jawahar Gram Samridhi Yojana: Indian Economy

The Jawahar Gram Samridhi Yojana (JGSY) is the result of the restructuring, streamlining, and expansion of the Jawahar Rozgar Yojana (JRY). It was founded on April 1, 1999, with the intention of enhancing the lives of rural impoverished people by providing them with more productive work. The main economic problem in India is poverty. 

 

•    The former Jawahar Rozgar Yojana has been replaced, improved, and expanded upon under this program.

 

•    It was founded on April 1, 1999, with the intention of enhancing the lives of rural impoverished people by giving them more beneficial jobs.

 

•    This involves the formation of the foundation, the development of regional resources, and, in keeping with this, the commercial age.

 

•    JGSY initiative to raise public awareness in municipalities, especially those with sizable BPL populations. In order to evaluate the arrangement's inherent value, this necessitates reevaluating the arrangement at a higher (public) level.

 

•    The Jawahar Gram Samridhi Yojana of the government is totally carried out at the gram panchayat level.

 

•    Direct payments would be made to Gram Panchayats, including State Mail Accounts to Zila Parishads (ZPs) and District Rural Development Agencies (DRDAs).

 

•    It is impossible to overestimate the impact of the national framework on the growth of the town's economy.

 

•    A number of measures have been launched by the Central and State Governments to strengthen the country's framework. In this direction, the public works program has also significantly contributed.

 

•    The Jawahar Gram Samridhi Yojana, named after India's first Prime Minister, Jawaharlal Nehru, sought to establish a provincial framework based on needs in order to enhance the quality of life for the underprivileged.

 

•    The primary objective of the JGSY is to construct durable assets that are driven by demand for communal village infrastructure, giving more long-term employment opportunities to the rural poor.

 

•    The secondary objective is to provide supplemental employment for the underemployed poor in rural areas. Under the project, families who are BPL would be provided with paid employment.

 

•    The Rural Landless Employment Guarantee Program (RLEGP) and the National Rural Employment Program (NREP), two pay-work initiatives, were combined to form the Jawahar Rozgar Yojana (JRY) in 1989.

 

•    It was the biggest pay-for-work programme ever launched by Panchayat Raj organizations.

 

•    The Gram Panchayat is the only authority for developing and carrying out the Annual Action Plan, with Gram Sabha's approval.

 

•    A total of 22.5 percent of JGSY reserves have been allotted to individual recipient plans for SC/ST.

 

•    The creation of a framework free of barriers for people with disabilities will get 3% of the annual budget.

 

•    Under the JGSY, the state government will choose the pay.

 

•    Gram Panchayats would be permitted to carry out works or plans valued up to Rs. 50,000 with the approval of Gram Sabha. However, after gaining Gram Sabha permission, the Gram Panchayat will request managerial approval from the competent specialists for projects or programs costing more than Rs. 50,000.

 

•    Gram Panchayats are permitted to spend a maximum of Rs 7,500 annually, or 7.5 percent of the overall budget, on regulatory costs and opportunities as well as consulting experts.

 

•    The property can be maintained with 15% of the money.

 

•    The fundamental goal of JGSY is to support interest-driven town frameworks, including reliable local resources, in order to enable the nation's poor to create business opportunities in an ethical manner.

 

•    Village panchayat level: The only group in charge of creating and carrying out the annual plan.

 

 

•    A centrally sponsored program with a 75:25 cost-sharing split between the federal government and the states will be used to implement the program.

 

•    Asset distribution for Gram Panchayats will be based on population rather than the current cap of Rs 10,000.

 

•    The DRDA/ZP/Intermediate Panchayats will be in charge of general direction, coordination, management, observing, and sporadic detailing. 

 

In India, 271 million individuals were able to escape poverty between 2005–2006 and 2015–2016, according to the UN's Global Multidimensional Poverty Index 2018. The nation's poverty rate has decreased by almost half during the past ten years, from 55% to 28%. Even Nevertheless, a sizable portion of Indians are still living in poverty. The country's extreme poverty has significantly decreased thanks to rapid economic expansion and the application of technology to social sector activities. Unacceptable portions of our population continue to experience many forms of deprivation despite our nation's great expansion and development. A more thorough and inclusive strategy is needed to reduce poverty in India.