What is the full form of PMRY?

PMRY stands for Prime Minister Rozgar Yojana.

Short Form PMRY
Full Form Prime Minister Rozgar Yojana
Category Governmental ยป Policies & Programs
Country India
Popularity
Type Unknown

What is PMRY?

Prime Minister Rozgar Yojana is a government scheme that was launched in India in February 2016. It is a nationwide programme to provide financial assistance to the poorest among the population.

The Prime Minister Rozgar Yojana is a government scheme that was launched in India in February 2016. It is a nationwide programme to provide financial assistance to the poorest among the population. The objective of the Prime Minister Rozgar Yojana is to provide financial assistance to the poorest households in order to help them escape from poverty and live a better life.

The Prime Minister Rozgar Yojana provides financial assistance in the form of interest-free loan, crop insurance, and employment guarantee schemes. The loan amount ranges from Rs 10,000 to Rs 1 crore. The crop insurance coverage ranges from Rs 50,000 to Rs 5 crore. The employment guarantee scheme covers jobs in rural areas for up to three years.

The eligibility criteria for the Prime Minister Rozgar Yojana are as follows:

-The household should be residing in India and suffering from poverty;
-The household should not have any other source of income; and
-The household must not have received any kind of financial assistance from the government or any other organisation