The Ministry of MSME,Govt. of India has Launched a new scheme called Prime Minister's Employment Generation Program (PMEGP) to empower first generation enterpreneurs for setting up of micro enterprises across the country
by merging REGP & PMRY schemes. At the state level, the scheme is being implemented through District Industries Centers in Urban areas only & in Rural areas the KVIC. Text
Prime Minister's Employment Generation Program
Government of India has approved the introduction of a new credit linked subsidy programme called Prime Minister’s Employment Generation Programme (PMEGP) by merging the two schemes that were in operation till 31.03.2008 namely Prime Minister’s Rojgar Yojana (PMRY) and Rural Employment Generation Programme (REGP) for generation of employment opportunities through establishment of micro enterprises in rural as well as urban areas. PMEGP will be a central sector scheme to be administered by the Ministry of Micro, Small and Medium Enterprises (MoMSME). The Scheme will be 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.