Prime Minister’s Employment Generation Programme (PMEGP): #pmegp #centralscheme #govtscheme
Here in this video I have explained complete details about Prime Minister’s Employment Generation Programme This is the combination of Prime Minister Rojgar Yojana and Rural Employment Generation programme schemes. This is aimed to increase the number of jobs in the country by setting up new micro and medium enterprises. Under this scheme, financial assistance is offered to people based on different criteria. To set up micro, small and medium sized enterprises. Persons belonging to the general category have to contribute 10% amount and SC/ST.OBC, minority, women, physically challenged and few other category people will have to contribute 5% of the amount. General category urban and rural area people will receive a 25% rate of subsidy and other special category rural people will get 35% and urban people will get 25%. The remaining amount for the project will be provided by the banks. This is a term loan and is referred to as PMEGP loan.


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