24)PM Emplyment Generation Program Flashcards
1
Q
what is it
A
Its a credit linked subsidy scheme that promotes self employment by setting MSME.
Govt will give upto 35% subsidy
25 lakh=MSME
10 lakh=service sector
2
Q
why did Modi start it now
A
It was started in 2008-9
3
Q
central sector??
A
Yes
4
Q
Ministry
A
Mo MSME
5
Q
Implementing agency
A
KVIC
6
Q
who are elligible
A
1 Induvidal above 18
2 SHG and other similar institution
3 Only new projects are elligible and not old ones will be given loan
