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    Consider the following about the Mukhya Mantri Sva-Niyojan Yojana (MMSNY) launched in 2023: (i) It provides ₹2 lakhs as one-time capital grant to
    Question

    Consider the following about the Mukhya Mantri Sva-Niyojan Yojana (MMSNY) launched in 2023:
    (i) It provides ₹2 lakhs as one-time capital grant to support self-employment.

    (ii) Only urban unemployed youths are eligible under this scheme.

    (iii) The applicant of this scheme must be from Assam and belong to the age group of 18–45.

    (iv) The scheme is open only to women entrepreneurs.
    Which of the above are correct?

    A.

    Only (i) and (ii)

    B.

    Only (i) and (iii)

    C.

    Only (ii) and (iv)

    D.

    Only

    Correct option is B

    The correct answer is (B) Only (i) and (iii)
    Explanation:
    · (i) It provides ₹2 lakhs as one-time capital grant to support self-employment. This statement is correct. The Mukhya Mantri Sva-Niyojan Mission (MMSNM), or closely related schemes like the Chief Minister's Atmanirbhar Asom Abhijan (CMAAA), indeed provisioned ₹2 lakhs in financial assistance for eligible youth to establish self-employment ventures.
    · (ii) Only urban unemployed youths are eligible under this scheme. This statement is incorrect. The objectives of schemes like the Chief Minister's Atmanirbhar Asom Abhijan (often associated with the spirit of MMSNY) clearly state the aim to generate employment opportunities in both rural and urban areas.
    · (iii) The applicant of this scheme must be from Assam and belong to the age group of 18–45. This statement is correct. Eligibility criteria for similar self-employment schemes in Assam, such as the Chief Minister's Atmanirbhar Asom Abhijan, explicitly require applicants to be permanent residents of Assam and fall within a specific age range, often around 18-45 years (with slight variations like 28-40 for general and 28-43 for SC/ST/OBC in CMAAA).
    · (iv) The scheme is open only to women entrepreneurs. This statement is incorrect. While Assam has specific schemes for women's empowerment like the Mukhyamantri Mahila Udyamita Abhiyan, the Mukhya Mantri Sva-Niyojan Yojana and related self-employment missions are generally open to all unemployed youth, irrespective of gender, to promote entrepreneurship across the state. 
    Information Booster:
    · The MMSNY and similar initiatives in Assam like the Chief Minister's Atmanirbhar Asom Abhijan were designed to address youth unemployment and foster an entrepreneurial ecosystem within the state.
    · These schemes provide not just financial aid but also aim to equip beneficiaries with the necessary resources, guidance, and training to become self-reliant.
    · The government's focus is on promoting various income-generating activities across sectors like agriculture, manufacturing, services, and allied activities. 
    Additional Knowledge: Only urban unemployed youths are eligible under this scheme. (Option ii)
    · The goal of self-employment schemes like the Mukhyamantri Swarozgar Yojana and Atmanirbhar Asom Abhijan is to create job opportunities for a wider demographic of unemployed youth, encompassing both those in urban and rural settings, reflecting the state's diverse population.
    · Inclusion of rural areas is crucial for promoting balanced regional development and curbing migration. 
    The scheme is open only to women entrepreneurs. (Option iv)
    · The primary objective of these self-employment schemes is to empower all eligible unemployed youth to become entrepreneurs, thus contributing to the state's economic growth.
    · While there are targeted schemes for women, the MMSNY's broader scope ensures that both male and female youth can benefit from the support provided for starting new ventures.

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