PMEGP

The Prime Minister’s Employment Generation Programme (PMEGP) launched during the XI plan by merger of erstwhile Prime Minister’s Rojgar Yojana (PMRY) and Rural Employment Generation Programme (REGP) is expected to create around 3.74 lakh micro-enterprises providing employment to around 37 lakh persons by the end of XI plan. The scheme has created new hopes among youth, particularly the educated unemployed, of becoming entrepreneurs themselves. It is proposed to upscale the scheme, for creation of 32 lakh employment opportunities through setting-up of 4 lakh micro enterprises during XII plan. The scheme is operated by MSME.