To 11,480 PMEGP beneficiaries in virtual event at Rajghat
IH News Desk
NATIONAL, June 18, 2025: Khadi and Village Industries Commission (KVIC) disbursed margin money subsidy of Rs 300 crore to 11,480 Service Sector beneficiaries across the country under the Prime Minister's Employment Generation Programme (PMEGP) through virtual mode. This disbursement was done against a loan sanction of Rs 906 crore.
The event was held at the Rajghat office in New Delhi, where Manoj Kumar, Chairman, KVIC, along with his team released this subsidy to the bank accounts of the beneficiaries through a virtual medium. Roop Rashi, CEO, KVIC, along with other senior officers of the Central Office were present on this occasion.
From its inception till the financial year 2024-25, the Prime Minister's Employment Generation Programme (PMEGP) has become a pillar of entrepreneurship and self-reliance in rural and urban India. A total of 10,18,185 micro-enterprises have been set up under the scheme so far for which loans of Rs 73,348 crore have been sanctioned by the Government of India.
Against this, a margin money subsidy of Rs 27,166 crore has been provided to the beneficiaries. So far, more than 90,04,541 people across the country have received direct and indirect employment through this scheme, which makes it one of the most effective self-employment schemes in the country. This programme not only promotes self-employment, but also recognizes the Prime Minister's resolution of a self-reliant India on the ground.
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