Which of the following statements related to the United Nations Development Program (UNDP) partnership with Deendayal Antyodaya Yojana - National Urban Livelihoods Mission(DAY-NULM) are correct?
1) UNDP and DAY-NULM have entered into a collaborative partnership aimed at empowering women to make well-informed career choices in the field of entrepreneurship.
2) The partnership will provide support for women looking to start and expand their own enterprises, particularly in sectors such as care economy, digital economy, electric mobility, waste management, food packaging and more.
3) Focused on fostering entrepreneurship development and accelerating enterprise growth, the five-year project, extendable beyond 2027, will cover ten cities in the initial phase.
4) UNDP will contribute to the initiative by developing community business mentors called‘Biz-Sakhis’in selected project locations.

Correct option is B

The correct answer is (b) 1, 2 and 4.
· Statement 1 is correct: The partnership between UNDP and DAY-NULM is designed to empower women in making informed career choices, especially in entrepreneurship.
· Statement 2 is correct: The collaboration will support women in establishing and growing their businesses, particularly in emerging sectors like the care economy, digital economy, electric mobility, waste management, and food packaging.
· Statement 4 is correct: UNDP will contribute by developing community business mentors, called ‘Biz-Sakhis,’ to assist and guide women in selected locations.
· Statement 3 is incorrect: While the project focuses on entrepreneurship, the duration mentioned in this option does not match official reports, making this statement inaccurate.
Information Booster:
· Deendayal Antyodaya Yojana - National Urban Livelihoods Mission (DAY-NULM): A government initiative focused on improving the livelihoods of the urban poor through skill development, entrepreneurship support, and facilitating access to social security.
· Biz-Sakhis: These community mentors, supported by UNDP, will provide localized, accessible business guidance to help women build and sustain their enterprises.
· Emerging Sectors: The sectors supported under this initiative, such as the digital economy and electric mobility, are vital for sustainable development and job creation in India’s evolving economic landscape.
· UNDP’s Role: UNDP actively supports various development projects worldwide, including initiatives aimed at enhancing women’s economic participation and fostering inclusive growth.