Q. Recently, the Cabinet Committee on Economic Affairs chaired by the Prime Minister approved the continuation of Prime Minister Employment Generation Programme (PMEGP) beyond 12th Plan for three years from 2017-18 to 2019-20. In this context, consider the following statements: - The programme aims to generate employment through the establishment of micro enterprises in rural as well as urban areas.
- It is a central sector scheme being implemented by the National Skill Development Corporation (NSDC).
Which of the above statements is/are correct?
Answer:
1 Only
Notes: First statement is correct. PMEGP aims to generate employment through the establishment of micro enterprises in rural as well as in urban areas. PMEGP is a central sector scheme being administered by the Ministry of Micro, Small and Medium Enterprises (MoMSME).
Second statement is incorrect. The Scheme is being implemented by Khadi and Village Industries Commission (KVIC), a statutory organization under the administrative control of the Ministry of MSME as the single nodal agency at the National level. At the State level, the Scheme will be implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs) and District Industries Centres (DICs) and banks. The Government subsidy under the Scheme will be routed by KVIC through the identified Banks for eventual distribution to the beneficiaries/entrepreneurs in their Bank accounts.