The Ministry of Micro, Small and Medium Enterprises(MSME) through Khadi and Village Industries Commission (KVIC) has been implementing a credit-linked subsidy programme named Prime Minister’s Employment Generation Programme (PMEGP) from 2008-09 for generating self-employment. Under PMEGP margin money subsidy is provided to unemployed youth and traditional artisans including farmers for setting up micro-enterprises in the non-farm sector including agro and rural industries in villages. Under the programme, general category beneficiaries can avail of margin money subsidy of 25% of the project cost in rural areas. For beneficiaries belonging to special categories such as scheduled castes, scheduled tribes, OBCs, minorities, women, ex-servicemen, physically handicapped, beneficiaries belonging to North Eastern Region, hill and border areas, etc., the margin money subsidy is 35% in rural areas. The maximum cost of project is Rs.25 lakh in the manufacturing sector and Rs.10 lakh in the service sector.
Entrepreneurship Development Programme(EDP) training is a mandatory requirement for beneficiaries under PMEGP. KVIC, the nodal agency for PMEGP, has accredited around 496 Training Centres for providing EDP training. The curriculum of EDP is designed to equip the trainees with entrepreneurship and basic management skills and knowledge about risk taking, procedural issues and preparation of business plan, etc, which help them in running such enterprises.
This information was given by the Minister of State (Independent Charge) for Micro, Small and Medium Enterprises, Shri K. H. Muniyappa in a written reply to a question in the Rajya Sabha on March 4, 2013.
Entrepreneurship Development Programme(EDP) training is a mandatory requirement for beneficiaries under PMEGP. KVIC, the nodal agency for PMEGP, has accredited around 496 Training Centres for providing EDP training. The curriculum of EDP is designed to equip the trainees with entrepreneurship and basic management skills and knowledge about risk taking, procedural issues and preparation of business plan, etc, which help them in running such enterprises.
This information was given by the Minister of State (Independent Charge) for Micro, Small and Medium Enterprises, Shri K. H. Muniyappa in a written reply to a question in the Rajya Sabha on March 4, 2013.
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