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CM to Launch Samajwadi Rozgar Yojana

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In an attempt to lure youths towards the party, Chief Minister Akhilesh Yadav is set to launch the Samajwadi Rozgar Yojana – an employment generation scheme, to help small traders in starting their business.

This scheme would be part of a series of budgetary announcements the Chief Minister is likely to make during the forthcoming Budget session starting from January 29.

“This scheme would be launched by the micro, small and medium enterprises in which any person having Rs 1 lakh can start a business worth Rs 25 lakh. The finances would be arranged by the state government,” a senior official told The Pioneer in Lucknow on Tuesday.

This project would be incorporated in the budget document of 2016-17, which in all likelihood would be the last budget document to be presented by this government.

Earlier the project was to be named as Chief Minister Rozgar Yojana but later it was re-christened as Samajwadi Rozgar Yojana giving it a Socialist tinge. It would be part of other Samajwadi schemes like Samajwadi Pension Yojana and Samajwadi Ambulance Sewa.

The official said that blue print of the project is ready and the proposal has been sent to the Chief Minister’s Office for final approval. As per scheme, the government would provide 90 per cent of the margin money. “A basic fact is that a person having small amount of money can start a business worth Rs 25 lakh which will immensely help the small and marginal traders,” he said.

There is a belief in the government that this scheme will generate employment at the village level. The calculation is simple – if 1000 units come up across the state in the next fiscal and a unit employs 50 people then a minimum of 50,000 people will get direct employment. The number of indirect employment would also be sizeable.

However, the Opposition parties are circumspect about the scheme. BJP spokesman Vijay Bahadur Pathak said that in the run up to the last Assembly elections, the Samajwadi Party had promised employment and till the youth got employment they would be paid unemployment allowance.

“What happened to that promise ? When the SP badly lost Lok Sabha polls, it withdrew the unemployment allowance as if that money was being paid as a bribe to youths to vote for the party in general election. The CM should spell out about  the number of jobs created by the government and how many youths were employed in the nearly four years of SP rule,” he said adding

Pathak pointed out that the UP government is replicating the Pradhan Mantri Employment Generation Scheme of the previous UPA government which had miserably failed. “This scheme is just an attempt to lure youth towards Samajwadi Party by giving it a Samajwadi name,” he said.

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