From Our Correspondent
TURA: A one-day district-level awareness programme on Prime Minister’s Employment Generation Programme (PMEGP) was held at Baghabatta Community Hall in Kharkutta, North Garo Hills District, on Thursday.
The PMEGP is a credit-linked subsidy programme under Ministry of Micro, Small and Medium Enterprises that aims to generate employment opportunities through establishment of micro enterprises in rural and urban areas.
Under PMEGP scheme, entrepreneurs can avail financial assistance of up to Rs 25 lakh for starting up of MSME units and it consist a subsidy of 35 per cent and 25 per cent in rural and urban areas respectively.
In the programme organised by Khadi & Village Industries Commission (KVIC) State office Shillong in tandem with District Commerce & Industries Centre (DCIC), NGH, the director, KVIC, I Jawahar, deliberated that the main objective of PMEGP scheme is to promote entrepreneurship among the educated unemployed youths to venture into self-employment and also to provide employment for others.
