Ministry of Micro,Small & Medium Enterprises
Employment To Youth By MSMEs
Posted On:
20 JUL 2023 5:32PM by PIB Delhi
Ministry of Micro Small and Medium Enterprises, MSME, through Khadi & Village Industries Commission, is implementing Prime Minister’s Employment Generation Programme (PMEGP) in the country including Madhya Pradesh State to set up new micro units. Under PMEGP, General Category beneficiaries can avail Margin Money subsidy of 25% of the project cost in rural areas and 15% in urban areas. For Special Categories such as SC / ST / OBC / Minorities / Women / Ex-serviceman / Transgenders / Differently-abled / NER / Aspirational Districts / Hill and Border areas etc., the Margin Money subsidy is 35% in rural areas and 25% in urban areas. The maximum cost of project is Rs. 50 lakh in the manufacturing sector and Rs. 20 lakh in the service sector.
Performance of PMEGP Scheme in the Madhya Pradesh State during last five years is given below:
|
Year
|
In Madhya Pradesh
|
In Gwalior District
|
|
Project
|
Margin Money
(Rs. in lakh)
|
Estimated Employment
|
Project
|
Margin Money
(Rs. in lakh)
|
Estimated
Employment
|
|
2018-19
|
2526
|
10002.28
|
20208
|
62
|
322.38
|
496
|
|
2019-20
|
2175
|
8063.63
|
17400
|
36
|
176.73
|
288
|
|
2020-21
|
4854
|
13808
|
38832
|
99
|
411.7
|
792
|
|
2021-22
|
8082
|
20961.46
|
64656
|
250
|
854.35
|
2000
|
|
2022-23
|
5957
|
18129.7
|
47656
|
142
|
464.03
|
1136
|
The targets of setting up new projects/units under PMEGP in Madhya Pradesh State and Gwalior District for FY 2023-24 are as follows:
|
FY
2023-24
|
In Madhya Pradesh
|
In Gwalior District
|
|
Project
|
Project
|
|
Targets
|
5528
|
97
|
This information was given by Minister of State for Micro Small and Medium Enterprises, Shri Bhanu Pratap Singh Verma in a written reply to the Lok Sabha.
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