KVIC accomplishes more than 100 percent focus in PMEGP conspire

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New Delhi, February 21, 2018:  The Khadi and Town Businesses Commission (KVIC) has accomplished more than 100 for each penny focus of appropriation dispensed by the Service of Smaller scale, Little and Medium Endeavors (MSME) for execution of Head administrator’s Work Age Program (PMEGP) in FY 2016-17.

While the usage of endowment was under 50 for each penny in 2008-09, it has ascended to 100.37 percent in 2016-17, an autonomous assessment ponder by Gurugram – based Administration Advancement Foundation (MDI) said.

Prominently, the Service of MSME had set an objective of Rs 1,100 crore for PMEGP in 2016-17. The yearly figure however put the books at an abnormal state at Rs 1,281 crore.

UNI