Question

A margin money subsidy of _______ to 3083 beneficiaries under the PMEGP scheme is released with a sanctioned loan of Rs. 296.19 Crores for PMEGP projects.

A Rs.150.34 crore Correct Answer Incorrect Answer
B Rs.143.22 crore Correct Answer Incorrect Answer
C Rs.100.63 crore Correct Answer Incorrect Answer
D Rs.110.89 crore Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

 More than 8 lakh projects have so far been approved under the government’s flagship PMEGP scheme, which provided employment opportunities to over 68 lakh people according to the information provided by Khadi and Village Industries Commission .  A margin money subsidy of Rs. 100.63 crores to 3083 beneficiaries under PMEGP scheme is released with a sanctioned loan of Rs. 296.19 Crores for PMEGP projects, this will create new employment opportunities for around 25,000 people.   Furthermore,a ‘margin money subsidy’ of over Rs 21,000 crore has been disbursed under the Prime Minister’s Employment Guarantee Programme (PMEGP) so far.

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