PMEGP Full Form In English
The full form of PMEGP is Pradhan Mantri Employment Generation Programme. It is a credit-linked subsidy scheme launched by the Government of India to generate employment opportunities in rural and urban areas through the establishment of micro-enterprises. This scheme provides financial assistance to both new and existing entrepreneurs, helping them set up small businesses and promoting self-employment. PMEGP plays a crucial role in reducing unemployment and encouraging entrepreneurial spirit among youth.
PMEGP Full Form In Hindi
PMEGP का पूरा नाम प्रधान मंत्री रोजगार सृजन योजना है। यह भारत सरकार द्वारा शुरू की गई एक क्रेडिट-लिंक्ड सब्सिडी योजना है, जिसका उद्देश्य ग्रामीण और शहरी क्षेत्रों में माइक्रो-उद्यमों के माध्यम से रोजगार के अवसर पैदा करना है। इस योजना के तहत नए और मौजूदा उद्यमियों को वित्तीय सहायता प्रदान की जाती है, जिससे वे छोटे व्यवसाय स्थापित कर सकें और स्वरोजगार को बढ़ावा मिल सके। PMEGP बेरोजगारी कम करने और युवाओं में उद्यमिता की भावना को प्रोत्साहित करने में महत्वपूर्ण भूमिका निभाता है।
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Frequently Asked Questions
What is PMEGP?
PMEGP stands for Pradhan Mantri Employment Generation Programme. It is a government scheme aimed at generating employment through the establishment of micro-enterprises in rural and urban areas.
Who can apply for PMEGP?
Any individual above 18 years of age, self-help groups, and registered cooperative societies can apply under this scheme. Both new and existing entrepreneurs are eligible.
What type of businesses are covered under PMEGP?
PMEGP supports manufacturing, service, and trading enterprises, especially small-scale units that can generate employment.
What is the financial assistance provided under PMEGP?
The scheme provides a subsidy ranging from 15% to 35% of the project cost for urban and rural beneficiaries, along with bank loans for the remaining amount.
How to apply for PMEGP?
Applications can be submitted online through the official PMEGP portal or at the nearest District Industries Centre (DIC).
Is there an age limit to apply?
Yes, applicants must be at least 18 years old.
Does PMEGP cover both rural and urban areas?
Yes, the scheme targets both rural and urban areas to promote entrepreneurship and employment.
Conclusion
PMEGP (Pradhan Mantri Employment Generation Programme) is a significant initiative by the Government of India that promotes entrepreneurship and creates employment opportunities in both rural and urban areas. By providing financial assistance and subsidies, it empowers individuals and self-help groups to establish micro-enterprises, contributing to economic growth and self-reliance. This scheme plays a vital role in reducing unemployment and encouraging a culture of self-employment across the country.