India, June 18 -- The Khadi and Village Industries Commission (KVIC) disbursed margin money subsidy of over Rs 300 crore to 11,480 beneficiaries in the service sector under the Prime Minister's Employment Generation Programme (PMEGP) on 17 June 2025. The subsidy was transferred virtually to the bank accounts of recipients across the country, against total loan sanctions of Rs 906 crore. The event was held at KVIC's Rajghat office in New Delhi, where Chairman Shri Manoj Kumar led the proceedings, joined by CEO Ms. Roop Rashi and senior officials.
Chairman Kumar emphasized that under the leadership of Prime Minister Narendra Modi, the PMEGP scheme has evolved into a powerful tool for fostering self-reliance and entrepreneurship, especially a...