SME Times News Bureau | 13 Dec, 2018
MSME Minister Giriraj Singh on Wednesday informed
that more than 5 lakh beneficiaries and projects have been assisted under the
Prime Minister Employment Generation Programme (PMEGP).
In reply to a question in Rajya Sabha, Giriraj
Singh said 5,02,085 beneficiaries and projects have been assisted under PMEGP till
30.11.2018 since its inception in 2008-09.
In reply to another question, the Minister
informed the House that targets for the year 2018-19 for assistance under PMEGP
have been increased by more than 50% due to increased budget allocation for
He said budgetary allocation for PMEGP, was
increased to Rs.1800.64 crore for 2018-19 as against Rs.1024.49 crore during
the year 2017-18.
The targeted no. of units to be set up during
2018-19 is 66,700 as against the target of 50,784 in 2017-18. Margin Money of
Rs. 1312.40 crore has been disbursed during 2017-18, as against the allocated
target under the Budget Estimates of Rs.1004.49 crore, he added.
During 2018-19, (as on 30.11.2018), 265,124
applications have been received under PMEGP. Karnataka tops the list with
30,951 applications closely followed by Maharashtra with 27,365 applications.
Uttar Pradesh (18,858), Tamil Nadu(16,996),
Assam(15,981),Haryana(14,011),Jammu& Kashmir(13,349), Bihar(12,823),
Telangana (11,315), Odisha(10,611) and West Bengal (10,010) are the other
states with higher no. of applications for assistance under PMEGP.
Minister's Employment Generation Programme (PMEGP) is a flagship credit-linked
subsidy programme of Government of India being implemented by the Ministry of
Scheme is aimed at generating self-employment opportunities through
establishment of micro-enterprises in the non-farm sector by helping
traditional artisans and unemployed youth in rural as well as urban areas.