FINANCIAL ASSISTANCE UNDER PRIME MINISTER’S
FINANCIAL ASSISTANCE UNDER PRIME MINISTER’S
Since inception of the Scheme in FY 2008-09, about 9.65 lakh new micro enterprises have been assisted across the country with total Margin Money (MM) subsidy of Rs. 25,263.32 crore and providing an estimated employment to 78.84 lakh persons.
The year wise financial assistance in terms of MM subsidy disbursed since inception till date (12.07.2024)is as follows:
Sr. No.
Year
No. of Units Assisted
MM Subsidy
(Rs. Cr)
1
FY2008-09
19,166
356.23
2
FY2009-10
40,918
762.44
3
FY2010-11
49,064
891.18
4
FY2011-12
55,135
1,057.84
5
FY2012-13
57,884
1,080.66
6
FY2013-14
50,493
1,076.44
7
FY2014-15
48,168
1,122.54
8
FY2015-16
44,340
1,020.06
9
FY2016-17
52,912
1,280.94
10
FY2017-18
48,398
1,312.40
11
FY2018-19
73,427
2,070.01
12
FY2019-20
66,653
1,950.82
13
FY2020-21
74,415
2,188.80
14
FY2021-22
103,219
2,977.66
15
FY2022-23
85,167
2,722.17
16
FY2023-24
89,118
3,093.88
17
FY2024-25
(till 12.07.2024)
7,444
299.25
Total
965,921
25,263.32
PMEGP aims at generating employment opportunities in rural and urban areas. Beneficiaries setting up their enterprises in rural areas are eligible for higher Margin Money subsidy, i.e., 25% for beneficiaries belonging to general category and 35% for beneficiaries belonging to special categories such as Scheduled Castes, Scheduled Tribes, OBCs, minorities, women, ex-servicemen, differently abled, transgenders, beneficiaries belonging to Northeastern Region, Hill and Border areas, and Aspirational Districts, as compared to 15% for General category and 25% for special categories for beneficiaries setting up their enterprise in urban areas. The employment generated through interventions under PMEGP during the last 5 years in rural and urban areas is given below:
Year
Rural
Urban
No. of Units Assisted
Est. Employment Generated
Employment Generated (%)
MM Subsidy (Rs. cr)
No. of Units Assisted
Est. Employment Generated
Employment Generated
(%)
MM Subsidy (Rs. cr)
FY
19-20
53,714
429,712
81%
1,695.71
12,939
103,512
19%
255.11
FY
20-21
60,682
485,456
82%
1,914.46
13,733
109,864
18%
274.34
FY
21-22
84,696
677,568
82%
2,585.86
18,523
148,184
18%
391.80
FY
22-23
68,470
547,760
80%
2,323.48
16,697
133,576
20%
398.69
FY23-24
68,939
551,512
77%
2,546.19
20,179
161,432
23%
547.68
Financial assistance in terms of Margin Money subsidy provided during the last 5 years has witnessed an increase of10%CAGR. State/UT-wise financial assistance in terms of Margin Money subsidy disbursed under PMEGP during the last 5 years is given below:
Rs. In Lakhs
#
State
2019-20
2020-21
2021-22
2022-23
2023-24
1
Andaman & Nicobar Island
146.16
186.12
238.69
202.92
134.35
2
Andhra Pradesh
9,042.34
6,857.30
10,088.80
12,929.93
17,199.84
3
Arunachal Pradesh
363.79
232.63
788.88
701.26
1,764.81
4
Assam
3,589.39
4,948.48
6,659.71
5,954.20
6,406.26
5
Bihar
6,958.68
7,208.74
8,169.92
12,123.20
19,175.74
6
Chandigarh
28.71
16.00
62.08
44.53
22.19
7
Chhattisgarh
6,107.03
6,062.77
6,941.44
7,492.77
7,625.32
8
Delhi
110.63
147.61
315.23
471.11
334.32
9
Goa
244.36
156.65
298.22
291.08
322.70
10
Gujarat*
28,740.29
20,637.05
28,704.84
24,182.62
32,124.58
11
Haryana
4,938.21
5,512.55
6,093.33
6,319.98
7,325.23
12
Himachal Pradesh
3,229.32
3,381.10
3,550.95
3,149.58
3,647.92
13
Jammu & Kashmir
11,142.86
18,306.28
46,713.54
23,993.89
28,249.88
14
Jharkhand
3,749.79
3,847.80
4,188.27
4,837.65
5,123.28
15
Karnataka
10,681.14
12,510.51
15,843.36
16,154.42
15,862.49
16
Kerala
5,319.39
5,225.88
6,859.29
7,329.23
7,881.81
17
Ladakh
–
1,168.41
1,182.31
376.09
584.66
18
Lakshadweep
–
15.36
17.50
2.49
–
19
Madhya Pradesh
8,046.65
13,807.82
20,961.46
18,129.70
18,521.49
20
Maharashtra**
11,215.23
8,844.29
13,018.54
13,203.32
12,204.70
21
Manipur
2,036.30
5,899.03
3,337.25
1,462.51
810.73
22
Meghalaya
569.17
579.65
974.17
665.74
725.03
23
Mizoram
1,083.78
1,412.46
1,461.76
1,353.86
1,755.33
24
Nagaland
2,650.24
2,045.47
2,494.89
1,535.13
2,917.65
25
Odisha
7,808.85
8,748.07
11,335.95
10,731.75
9,354.84
26
Puducherry
117.26
116.81
144.30
65.56
97.44
27
Punjab
3,914.83
5,011.41
6,017.86
7,250.62
9,087.81
28
Rajasthan
8,174.68
8,806.83
9,025.60
11,418.57
12,406.43
29
Sikkim
174.56
152.28
214.27
131.46
449.19
30
Tamil Nadu
12,347.58
13,881.57
16,445.76
17,891.66
19,871.81
31
Telangana
7,137.38
6,376.33
9,846.14
10,225.11
10,811.78
32
Tripura
1,833.64
1,829.57
2,083.70
1,689.01
1,444.21
33
Uttar Pradesh
21,652.48
32,985.38
41,165.07
37,865.82
43,528.99
34
Uttarakhand
3,440.03
4,536.62
3,983.20
4,631.73
4,191.69
35
West Bengal
8,487.40
7,425.32
8,539.63
7,408.96
7,423.17
Total
195,082.15
218,880.15
297,765.91
272,217.46
309,387.67
* Including Daman and Diu ** Including Dadra Nagar and Haveli
This information was given by the Union Minister of Micro, Small and Medium Enterprises Shri Jitan Ram Manjhi in a written reply in the Rajya Sabha today.