Ministry : Ministry of Micro, Small and Medium Enterprises
Objective is to promote entrepreneurship and generate sustainable employment
Scheme:
- PMEGP stands Prime Minister’s Employment Generation Programme
- PMEGP is the flagship programme of the government offering credit linked subsidy to establish new enterprises for generating continuous and sustainable employment opportunities in Rural and Urban areas of the country.
- There is no income ceiling for setting up the project.
- It is aimed at generating self-employment opportunities through establishment of micro-enterprises in non-farm sector by helping traditional artisans and unemployed youth in rural as well as urban areas.
- Khadi and Village Industries Commission (KVIC) is nodal implementation agency at national level.
- At State and district level, State offices of KVIC, Khadi and Village Industries Boards (KVIBs) and District Industry Centres (DIC) are the implementing agencies.
Factual Information:
- Scheme is being implemented from 2008-2009