Prime Minister of the India announced on August 15, 1993 a scheme for giving self-Employment to learned jobless Youth in the country. This program is to give self-employed breaks to one million jobless educated adolescents in the country. This scheme is known as Prime Minister Rozgar Yojana. Officially the Scheme has been started on October 2nd 1993 in the country. Objectives: The PMRY has been intended to give employ to over million People by starting seven lakhs micro ventures by the jobless educated youth. It recounts to the starting of self-employment schemes through commerce, service & business means. The proposal as well seeks to link presumed non-governmental associations in execution of PMRY scheme particularly in the assortment, guidance of entrepreneurs & homework of plan report. Coverage: The scheme aims to take urban regions only in the year nineteen ninety three to ninety four & entire country starting by ninety four to five. After 1994-95, the current self-employment Scheme for the Educated Unemployed Youth (SEEUY) will be included in PMRY. Eligibility: Any jobless learned person residing in any region of the country whether rural or urban satisfying the subsequent circumstances will be entitled for aid. Though, during 1993-94, the proposal would be function in urban regions only. Age: Between eighteen to forty years (SC/ST – forty five years). Qualification: Matric (conceded or failed) or ITI conceded or having done Govt. funded technical classes for a least period of six months. Residency: Permanent occupant of the region for minimum of three 3 years Document such as Ration Card would comprise enough evidence for this intention. In its deficiency any other certificate to the approval of the Task Force ought to be shown. Family Income: Maximum Rs.40, 000/- yearly. Family would signify spouse & parents of the recipient & family earnings would comprise earnings from all resource, whether, salary, pay, retirement fund, farming, business, lease etc. Defaulter: person must not be a nonpayer to any national bank/fiscal organization/co-operative store. Reservation: Inclination should be set to weaker segment counting women. The system foresees 22.5% reservation for SC/ST & 27% for Other Backward Classes (OBCs).