Minister’s Employment Generation Programme

During the 15th Finance Commission cycle (FY 2021-22 to FY 2025-26), Minister’s Employment Generation Programme (PMEGP) has demonstrated robust performance, reaffirming its contribution to strengthening India’s micro-enterprise ecosystem.

  • PMEGP supports prospective entrepreneurs in establishing new micro-enterprises in the non-farm sector by providing Margin Money (MM) subsidy on bank loans.
  • The scheme primarily aims to create self-employment opportunities for first-generation entrepreneurs and promote sustainable livelihoods in the manufacturing and services sectors, especially in rural areas.
  • The scheme achieved full utilization of funds and supported the establishment of 4,03,706 micro-enterprises, exceeding the target of 4,02,000 units.
  • Women beneficiaries account for nearly ....
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