Question
Prime Minister Employment Generation Program (PMEG
- P is underÂ
Solution
Ministry of MSME. The Government of India approved the introduction of a credit-linked subsidy programme called Prime Minister's Employment Generation Programme (PMEGP) in 2008. Khadi and Village Industries Commission (KVIC) is the nodal agency for implementation at the national level. The maximum cost of the project admissible in the manufacturing sector is ₹ 25 lakhs and in the business/service sector, it is ₹ 10 lakhs.
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