New features of the ‘Prime Minister’s Employment Generation Programme’ (PMEGP)
Prime Minister Narendra Modi launched new features of the ‘Prime Minister’s Employment Generation Programme’ (PMEGP). These include increase in the maximum project cost to Rs 50 lakhs (from Rs 25 lakhs) for manufacturing sector and Rs 20 lakhs (from Rs 10 lakhs) in the service sector and inclusion of applicants from Aspirational districts & Transgenders in the Special Category applicants for availing higher subsidies. Also, handholding support is being provided to applicants/entrepreneurs through engagement of banking, technical & marketing experts.
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