Prime Ministers Employment Generation Program (PMEGP)

Prime Ministers Employment Generation Program (PMEGP)

Provides financial assistance to set up new enterprises
PMEGP is a central sector scheme being administered by the Ministry of Micro, Small and Medium Enterprises (MoMSME). The scheme is implemented by Khadi and Village Industries Commission (KVIC) functioning as the nodal agency at the national level. At the state level, the scheme is implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs), District Industries Centres (DICs) and banks. In such cases KVIC routes government subsidy through designated banks for eventual disbursal to the beneficiaries / entrepreneurs directly into their bank accounts

Last Updated On : Wednesday, 11-11-2020

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