Economics · Economy
Consider the following statements regarding employment generation and economic reforms in India: I. Under the Industrial Policy of 1991, the Union Government is mandated to publish an annual National Employment Audit reporting sector-wise job creation figures, serving as the statutory basis for employment drives such as the Rozgar Mela. II. The Production-Linked Incentive (PLI) scheme legally requires beneficiary firms to reserve a fixed percentage of newly created jobs for women and youth as a condition for receiving incentives. Which of the above statements is/are correct?
- 1Neither I nor II✓
- 2Both I and II
- 3II only
- 4I only
Correct answer
Neither I nor II
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