Minister of State for MSME Shri Giriraj Singh has informed that Ministry of Micro, Small and Medium Enterprises (MSME) is implementing Prime Minister’s Employment Generation Programme (PMEGP), which is a major credit-linked subsidy programme, aimed at generating self-employment opportunities through establishment of micro-enterprises in the non-farm sector by helping traditional artisans and unemployed youth in rural and urban areas.
The rate of job creation under PMEGP for the financial years 2015 – 16 and in the corresponding period of 2012-13 is given below:
|
Year |
Margin Money subsidy disbursed (Rs. in crore) |
Micro- enterprises setup (in Nos.) |
Employment generated (in Nos) |
Employment generated per unit |
|
2012-13 |
1080.66 |
57884 |
428246 |
7.39 |
|
2015-16 |
1020.06 |
44340 |
323362 |
7.29 |
As per the evaluation study of PMEGP units setup during 2012-13 to 2016-17, conducted by MDI, Gurugram, average employment generation per project is 7.62 and the average cost of generating unit employment is Rs.96,209.00.