Prime Minister’s Employment Generation Program

On 30th May, 2022, the Prime Minister’s Employment Generation Program (PMEGP) was approved for continuation over the 15th Finance Commission cycle for five years from 2021-22 to 2025-26 with an outlay of Rs.13554.42 Crore.

About PMEGP

  • The scheme is implemented by Khadi and Village Industries Commission (KVIC) functioning as the nodal agency at the national level.
  • It aims to facilitate generation of employment opportunities for unemployed youth across the country by assisting the setting up of micro-enterprises in the non-farm sector.

Major Modifications/Improvements

  • Project Cost: Increasing the maximum project cost from existing Rs.25 lakh to Rs. 50 lakhs for manufacturing units ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy June 2023 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content

Current Affairs