Prime Minister's Employment Generation Programme (P.M.E.G.P)

OBJECTIVES -

Generate employment opportunities in rural as well as urban areas.
Creation of self employment opportunities at local level
Mitigate migration of rural youth to urban areas
Increase wage earning capacity of artisans
Increase growth rate of rural and urban employment

Ministery of Micro, Small & Medium Enterprises, Govt. of India has started this scheme from August, 2008 by clubbing PMRY and Rural Employment Generation Programme, with a view of strengthen the Micro entrepreneurs.

Under this scheme an amount upto Rs. 25 lakhs for manufacturing industries and Rs. 10 lakhs for service industries is made available as loan for commencing an industry is rural areas. Sub chart as under:-

Sr. No.	Categories of Beneficiaries	Beneficiaries Contribution	Rate of Subsidy
	Area (location of project/unit)		Urban	Rural
1	General	10%	15%	25%
2	Special (S.C./S.T./OBC/Women/Ex-servicemen/Physical Handicapped/ NER/Hilly Area & Boarder.	5%	25%	35%

PERFORMANCE-

To Read More about PMEGP, Please Click Here

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