- Inclusive growth and issues arising from it.
Rozgar Yukta Gaon (RYG)
What to study?
- For Prelims: Features and implementation of RYG.
- For Mains: Significance and potential of khadi sector.
Context: The Cabinet Committee on Economic Affairs has agreed to bring in a new component of ‘Rozgar Yukt Gaon’ to introduce enterprise-based operation in the Khadi sector and to create employment opportunities for thousands of new artisans in the current and next financial year (2018-19 and 2019-20).
What is it?
Rozgar Yukta Gaon (RYG) aims at introducing an ‘Enterprise-led Business Model’ in place of ‘Subsidy-led model’ through partnership among 3 stakeholders- KRDP-assisted Khadi Institution, Artisans and Business Partner.
It will be rolled out in 50 Villages by providing 10,000 Charkhas, 2000 looms & 100 warping units to Khadi artisans, and would create direct employment for 250 Artisans per village. The total Capital Investment per village shall be Rs.72 Lakh as subsidy, and Rs.1.64 Crore in terms of Working Capital from the Business Partner.