{"id":10918,"date":"2024-07-22T19:18:18","date_gmt":"2024-07-22T13:48:18","guid":{"rendered":"https:\/\/matribhumisamachar.com\/en\/?p=10918"},"modified":"2024-07-22T19:18:18","modified_gmt":"2024-07-22T13:48:18","slug":"prime-ministers-employment-generation-programme-pmegp","status":"publish","type":"post","link":"https:\/\/matribhumisamachar.com\/en\/2024\/07\/22\/prime-ministers-employment-generation-programme-pmegp\/","title":{"rendered":"PRIME MINISTER\u2019S EMPLOYMENT GENERATION PROGRAMME (PMEGP)"},"content":{"rendered":"

Ministry of MSME, through Khadi and Village Industries Commission, is implementing Prime Minister\u2019s Employment Generation Programme (PMEGP)\u00a0for assisting entrepreneurs in setting up of new micro units in the non-farm sector. It aims to provide employment opportunities to traditional artisans\/ rural and urban unemployed youth at their doorstep.The target and\u00a0achievements\u00a0under the scheme\u00a0during last five years and current year is given below:<\/p>\n

\n\n\n\n\n\n\n\n\n\n\n
Financial Year<\/strong><\/b><\/td>\nTarget<\/strong><\/b><\/td>\nAchievement<\/strong><\/b><\/td>\n<\/tr>\n
Margin Money to be utilized.<\/strong><\/b><\/p>\n

(Rs. Cr.)<\/strong><\/b><\/td>\n

No. of Units to be assisted<\/strong><\/b><\/td>\nMargin money subsidy utilized (Rs Cr.)<\/strong><\/b><\/td>\nNo. of units assisted<\/strong><\/b><\/td>\n<\/tr>\n
2019-20<\/td>\n2,396.44<\/td>\n79,236<\/td>\n1,950.82<\/td>\n66,653<\/td>\n<\/tr>\n
2020-21<\/td>\n2,289.69<\/td>\n78,625<\/td>\n2,188.80<\/td>\n74,415<\/td>\n<\/tr>\n
2021-22<\/td>\n2,850.00<\/td>\n92,666<\/td>\n2,977.66<\/td>\n1,03,219<\/td>\n<\/tr>\n
2022-23<\/td>\n2,434.01<\/td>\n83,210<\/td>\n2,722.17<\/td>\n85,167<\/td>\n<\/tr>\n
2023-24<\/td>\n2,650.01<\/td>\n80,120<\/td>\n3,093.88<\/td>\n89,118<\/td>\n<\/tr>\n
2024-25*<\/td>\n2,250.00<\/td>\n79,478<\/td>\n299.25<\/td>\n7,444<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

*\u00a0Data up to 12.07.2024 for FY2024-25<\/em><\/p>\n

\n

Since inception of the scheme from FY 2008-09, more than 9.65 lakh micro enterprises have been assisted across the country with a Margin Money (MM) subsidy of more than Rs. 25,263.33 Crore providing estimated employment to 78.84 lakh persons.<\/p>\n

Estimated Employment generated under PMEGP schemeduring the last five years and current yearin Uttar Pradesh, especially in rural areas is given below:<\/p>\n

\n\n\n\n\n\n\n\n\n\n
Sr. No.<\/strong><\/b><\/td>\nFinancial Year<\/strong><\/b><\/td>\nUnits Assisted in Rural Areas<\/strong><\/b><\/td>\nEstimated Employment generated in Rural Areas<\/strong><\/b><\/td>\nNo. of Units Assisted<\/strong><\/b><\/td>\nEstimated Employment generated<\/strong><\/b><\/td>\n<\/tr>\n
1<\/td>\n2019-20<\/td>\n5096<\/td>\n40768<\/td>\n6,120<\/td>\n48,960<\/td>\n<\/tr>\n
2<\/td>\n2020-21<\/td>\n8241<\/td>\n65928<\/td>\n9,994<\/td>\n79,952<\/td>\n<\/tr>\n
3<\/td>\n2021-22<\/td>\n10354<\/td>\n82832<\/td>\n12,594<\/td>\n100,752<\/td>\n<\/tr>\n
4<\/td>\n2022-23<\/td>\n9660<\/td>\n77280<\/td>\n11,601<\/td>\n92,808<\/td>\n<\/tr>\n
5<\/td>\n2023-24<\/td>\n9270<\/td>\n74160<\/td>\n11,689<\/td>\n93,512<\/td>\n<\/tr>\n
6<\/td>\n2024-25*<\/td>\n1798<\/td>\n14384<\/td>\n1886<\/td>\n15088<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

*\u00a0Data up to 12.07.2024 for FY2024-25<\/em><\/p>\n

\n

Under PMEGP, there is no specific target set for women entrepreneurs. However, women are considered under special categories under the scheme and are eligible for higher Margin Money subsidy and lower personal contribution. The details of women led units assisted under PMEGP from FY 2018-19 to FY 2024-25 (up to 12.07.2024) are given below:<\/p>\n

\n\n\n\n\n\n\n\n\n\n
Financial Year<\/strong><\/b><\/td>\nWomen led Units Assisted<\/strong><\/b><\/td>\n<\/tr>\n
2019-20<\/td>\n24,720<\/td>\n<\/tr>\n
2020-21<\/td>\n27,285<\/td>\n<\/tr>\n
2021-22<\/td>\n39,158<\/td>\n<\/tr>\n
2022-23<\/td>\n32,626<\/td>\n<\/tr>\n
2023-24<\/td>\n36,806<\/td>\n<\/tr>\n
2024-25*<\/td>\n3,067<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

*\u00a0Data up to 12.07.2024 for FY2024-25<\/em><\/p>\n

\n

Additional steps being taken by the Government to make this scheme successful are given below:<\/p>\n

    \n
  1. Maximum project cost admissible has been enhanced from Rs. 25 Lakhs to Rs. 50 Lakhs for Manufacturing sector and from Rs. 10 Lakhs to Rs. 20 Lakhs for Service sector.<\/li>\n
  2. Applicants from Aspirational districts and Transgenders have been included in Special Category.<\/li>\n
  3. Industries related to Animal Husbandry like dairy, poultry, aquaculture, insects (bees, sericulture, etc.) have been allowed under the scheme.<\/li>\n
  4. COVID years i.e., FY2020-21 and FY2021-22 have been exempted while considering profitability of existing PMEGP\/ REGP\/ MUDRA units applying for 2nd<\/sup>\u00a0Loan under PMEGP.<\/li>\n
  5. No mandatory EDP for project cost up to Rs.2 lakh and shorter period of training (up to 5 days) for projects up to Rs.5 lakh.<\/li>\n
  6. Awareness camps, workshops and exhibitions at all levels are being organized for creating awareness about the scheme among the prospective entrepreneurs.<\/li>\n
  7. Publicity of PMEGP scheme through print and electronic media.<\/li>\n<\/ol>\n

    This information was given by Minister of State for Ministry of Micro, Small & Medium Enterprises, Sushri Shobha Karandlaje in a written reply in Rajya Sabha today.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Ministry of MSME, through Khadi and Village Industries Commission, is implementing Prime Minister\u2019s Employment Generation Programme (PMEGP)\u00a0for assisting entrepreneurs in setting up of new micro units in the non-farm sector. It aims to provide employment opportunities to traditional artisans\/ rural and urban unemployed youth at their doorstep.The target and\u00a0achievements\u00a0under the scheme\u00a0during last five years and …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[136],"tags":[7465,7949,8336,8334,8335,5550],"class_list":["post-10918","post","type-post","status-publish","format-standard","","category-national","tag-entrepreneurship","tag-financial-support","tag-job-creation","tag-pmegp","tag-prime-ministers-employment-generation-programme","tag-skill-development"],"yoast_head":"\nPRIME MINISTER\u2019S EMPLOYMENT GENERATION PROGRAMME (PMEGP) - Matribhumi Samachar English<\/title>\n<meta name=\"description\" content=\"The Prime Minister\u2019s Employment Generation Programme (PMEGP) aims to foster entrepreneurship and job creation in India through financial support and skill development initiatives.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/matribhumisamachar.com\/en\/2024\/07\/22\/prime-ministers-employment-generation-programme-pmegp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PRIME MINISTER\u2019S EMPLOYMENT GENERATION PROGRAMME (PMEGP) - 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