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Prime Minister’s Employment Generation Programme (PMEGP)
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About — Prime Minister’s Employment Generation Programme (PMEGP)
The Prime Minister’s Employment Generation Programme (PMEGP), launched in 2008, is a credit‑linked subsidy scheme that encourages micro‑enterprise creation and self‑employment across rural and urban India. It offers up to 25 % subsidy on loans up to ₹25 lakh, and by 2023 the programme had financed more than 1.5 million projects, creating about 10 million jobs.