Budget 2024: The government subsidizes a percentage of the loan amount for self-employment ventures, with applicants required to contribute...

PMEGP seeks to facilitate generation of employment opportunities for youth across the country by assisting them in setting up of micro ente...

According to the ministry, this is for the first time since the launch of the Prime Minister Employment Generation Programme (PMEGP) Scheme...

To apply for the loan you have to visit the website of the Khadi and Village Industries Commission (KVIC).

The number of sanctioned projects by banks thus increased 22 per cent, while the disbursement of margin money by the KVIC rose 24 per cent ...

KVIC chairman Vinai Kumar Saxena took up the matter with MSME minister Nitin Gadkari earlier this month. In light of the impact of the pand...

As of now, the proposals were scrutinised by the District Level Task Force Committee (DLTFC), that often led to inordinate delays in sancti...

The government has asked banks to clear by March 15 about 1.18 lakh pending loan applications under the Prime Minister Employment Generatio...

The Indian economy is likely to emerge as one of the leading economies in the world, with an envisioned GDP of $5 trillion economy by 2024,...

KVIC chairman Vinai Kumar Saxena said the Commission has always achieved more than 100 per cent success rate in execution of the PMEGP.

Modifications in the scheme include making Aadhaar and PAN mandatory; New provision to allow a second loan of up to Rs 1 crore to existing ...

Under the PMEGP, as many as 40,915 jobs were created this fiscal till July 16 and 3.57 lakh employment opportunities generated during 2014-...

Mishra also asked the banks to ensure that maximum benefits of the PMEGP scheme are provided to women, SC/ST and unemployed youth.

"Timely sanction of the projects will result in getting subsidy to the beneficiaries without any hurdle," he said.

The government provides Margin Money subsidy between 25 to 35 per cent of the Project cost, depending upon the category of the entrepreneur.

Khadi Village Industries Commission is the nodal agency at national level to implement the scheme across the country.

The government today said it has earmarked Rs 906 crore for implementing the Prime Minister's Employment Generation Programme scheme during...