New Delhi, Dec 12, 2014:The Ministry of MSME has been implementing a credit-linked subsidy programme named Prime Minister’s Employment Generation Programme (PMEGP) since 2008-09 with Khadi and Village Industries Commission (KVIC) as nodal agency at the national level for generating employment in the Country by setting up of micro-enterprises in the non-farm sector. The maximum cost of project is Rs.25 lakh in the manufacturing sector and Rs.10 lakh in the service sector. Since its inception in 2008-09 till 31 October 2014, 2.85 units have been set up under PMEGP with margin money assistance of Rs.5514.45 crore creating estimated employment opportunities to 24.95 lakh persons. The target to create employment opportunities to 8.25 lakh persons have been fixed for the year 2014-15 under PMEGP.
KVIC also provided employment opportunities to 10.80 lakh persons under khadi sector. During 2014-15, the target to create employment opportunities under khadi to 0.55 lakh persons have been fixed.
In addition to PMEGP, in the Ministry of MSME through KVIC and Coir Board have been implementing a cluster-based scheme named Scheme of Fund for Regeneration of Traditional Industries (SFURTI) since 2005-06 under which khadi, village industries and coir clusters have been taken up for development by providing them with improved equipments, common facilities centres, business development services, training, capacity building and design and marketing support, etc. 101 clusters (29 Khadi, 47 Village Industries and 25 Coir clusters) have been developed under this scheme. SFURTI Scheme has been revamped in XII Plan and 71 clusters with an outlay of Rs.149.44 crore are proposed to be developed in the Ist phase.
Margin Money subsidy also provided to the youth of Vidarbha area under PMEGP. Margin Money subsidy provided, number of units setup and estimated employment generated under PMEGP in Vidarbha area during the last three years and current year is given below:
|
Year |
Margin money subsidy
provided (Rs. lakh) |
Number of projects
assisted |
Estimated employment
generated (No. of persons) |
| 2011-12 |
388.07 |
233 |
5120 |
| 2012-13 |
468.04 |
167 |
5555 |
| 2013-14 |
422.18 |
151 |
5285 |
| 2014-15
(upto 30.11.2014) |
127.91 |
50 |
500 |
This information was given by the Minister of State, Micro, Small and Medium Enterprises, Shri Giriraj Singh in a written reply to a question in Rajya Sabha here today.
CCI Newswire
