Prime Minister's Employment Generation Programme (PMEGP) assisted 63% of units under manufacturing sector and 93% of units under service sector having projects cost up to Rs. 10 Lakh during the last five years

India, Feb. 2 -- Prime Minister's Employment Generation Programme (PMEGP) is a central sector scheme which assists prospective beneficiaries in establishing new micro-enterprises primarily with small project costs which are facilitated through small loans. During the last five-year period from FY 2020-21 to FY 2024-25, approximately 63% of units under manufacturing sector and 93% of units under service sector having projects cost up to Rs. 10 lakh have been assisted. Furthermore, following measures have been undertaken to facilitate access to credit and subsidies for smaller projects under PMEGP:

Ministry of MSME is operating an integrated Creation and Harmonious Application of Modern Processes for Increasing the Output and National Streng...