PRIME MINISTER’S EMPLOYMENT GENERATION PROGRAMME (PMEGP)
PRIME MINISTER’S EMPLOYMENT GENERATION PROGRAMME (PMEGP)
Ministry of MSME, through Khadi and Village Industries Commission, is implementing Prime Minister’s Employment Generation Programme (PMEGP) for 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 achievements under the scheme during last five years and current year is given below:
Financial Year
Target
Achievement
Margin Money to be utilized.
(Rs. Cr.)
No. of Units to be assisted
Margin money subsidy utilized (Rs Cr.)
No. of units assisted
2019-20
2,396.44
79,236
1,950.82
66,653
2020-21
2,289.69
78,625
2,188.80
74,415
2021-22
2,850.00
92,666
2,977.66
1,03,219
2022-23
2,434.01
83,210
2,722.17
85,167
2023-24
2,650.01
80,120
3,093.88
89,118
2024-25*
2,250.00
79,478
299.25
7,444
* Data up to 12.07.2024 for FY2024-25
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.
Estimated Employment generated under PMEGP schemeduring the last five years and current yearin Uttar Pradesh, especially in rural areas is given below:
Sr. No.
Financial Year
Units Assisted in Rural Areas
Estimated Employment generated in Rural Areas
No. of Units Assisted
Estimated Employment generated
1
2019-20
5096
40768
6,120
48,960
2
2020-21
8241
65928
9,994
79,952
3
2021-22
10354
82832
12,594
100,752
4
2022-23
9660
77280
11,601
92,808
5
2023-24
9270
74160
11,689
93,512
6
2024-25*
1798
14384
1886
15088
* Data up to 12.07.2024 for FY2024-25
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:
Financial Year
Women led Units Assisted
2019-20
24,720
2020-21
27,285
2021-22
39,158
2022-23
32,626
2023-24
36,806
2024-25*
3,067
* Data up to 12.07.2024 for FY2024-25
Additional steps being taken by the Government to make this scheme successful are given below:
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.
- 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.
- Applicants from Aspirational districts and Transgenders have been included in Special Category.
- Industries related to Animal Husbandry like dairy, poultry, aquaculture, insects (bees, sericulture, etc.) have been allowed under the scheme.
- COVID years i.e., FY2020-21 and FY2021-22 have been exempted while considering profitability of existing PMEGP/ REGP/ MUDRA units applying for 2nd Loan under PMEGP.
- 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.
- Awareness camps, workshops and exhibitions at all levels are being organized for creating awareness about the scheme among the prospective entrepreneurs.
- Publicity of PMEGP scheme through print and electronic media.