This disbursement made against a loan sanction of about Rs 884 crore
Various
NATIONAL, June 06, 2025: KVIC Chairman Manoj Kumar made the disbursement of Rs 300 crore to 8794 beneficiaries under the PMEGP scheme across the country through a virtual mode program under the Prime Minister’s Employment Generation Programme (PMEGP) from the Central Office in Mumbai. This disbursement was made against a loan sanction of about Rs 884 crore.
The event was held at KVIC Central Office in Mumbai, wherein KVIC Chairman Manoj Kumar released the subsidy to the beneficiaries through virtual mode in the presence of KVIC CEO, Roop Rashi and other senior officers of the Central Office.
All the six zones of the country actively participated in this disbursement programme. In total, 2445 projects were approved for Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Kerala and Pondicherry of the South Zone for which a subsidy of Rs 80.26 crore was disbursed. In the Central Zone, a subsidy of Rs 91.13 crore was disbursed for 2366 projects in Uttar Pradesh, Madhya Pradesh, Chhattisgarh and Uttarakhand.
A subsidy of Rs 62.68 crore was provided for a total of 2167 projects in Eastern India for Bihar, Jharkhand, Odisha, West Bengal and Andaman & Nicobar Assam, Manipur, Meghalaya, Mizoram and Tripura in the Northeast. A subsidy of Rs 41.80 crore was given for 1320 projects in Haryana, Himachal Pradesh, Jammu and Kashmir, Ladakh, Punjab and Rajasthan in the Northern region.
At the same time, 496 projects in Gujarat, Maharashtra and Goa in the Western region received a subsidy of Rs. 24.12 crore. It proved to be a comprehensive and effective campaign to empower self-employment in urban and rural areas across the country.
From its beginning till the financial year 2024-25, the Prime Minister’s Employment Generation Program (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 established under the scheme so far, for which the Government of India has sanctioned a loan of Rs 73,348.39 crore.
In return, a margin money subsidy of Rs 27,166.07 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.
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