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News Industries such as Khadi, processing of This Press Release is based on information Pashmina Wool, handloom and power loom given by the Minister of State for MSME Shri Giriraj units, value added products for tea, coffee, rubber Singh in a written reply to a question in Rajya etc. and transport activities are now eligible for Sabha on 10.08.2017. n assistance under PMEGP. Prime Minister’s Employment Generation Programme (PMEGP) rime Minister’s Employment Generation minorities/women, ex-serviceman, physically Programme (PMEGP) is a credit-linked handicapped, NER, Hill and Border areas etc. the Psubsidy programme aimed at generating self- margin money subsidy is 35% in rural areas and employment opportunities through establishment 25% in urban areas. of micro-enterprises in the non-farm sector by helping traditional artisans and unemployed youth. The Scheme was launched during 2008-09. Any individual above 18 years of age is eligible. A total of 4.23 lakh micro enterprises have been For setting up of projects costing above Rs. 10 lakh assisted with a margin money subsidy of Rs. 8695.27 in the manufacturing sector and above Rs. 5 lakh in crore providing employment to an estimated 35.48 the business /service sector, the beneficiaries should lakh persons since 2008-09 till 2016-17 across the possess at least VIII standard pass educational country including the State of Maharashtra. qualification. General category beneficiaries can avail of margin money subsidy of 25 % of the The State/UT-wise details of number of micro project cost in rural areas and 15% in urban areas. units setup and Margin Money disbursed under For beneficiaries belonging to special categories PMEGP during the last two years is given as such as scheduled caste/scheduled tribe/OBC / Annexure-I. Details of the target fixed/achieved during last three years in Maharashtra State are as follows: (Rs. In lakh) Year Target Achievement Projects Margin Employment Projects Margin Money Employment Money Generation disbursed Generated 2015-16 4860 9718.42 38880 2497 5285.03 20161 2016-17 3056 6111.30 24448 2325 6001.3 17799 Following steps have been taken by the online in stipulated time frame. Government for effective implementation of PMEGP Scheme and achieving the targets: Publicity is being made through print and electronic media, awareness camps at District In order to streamline the process of application level and State level are being organized in order to flow and fund flow and to bring in transparency propagate the PMEGP scheme for the development and better financial management and to prevent parking of funds at Nodal bank level an online of micro industries. Exhibitions are also conducted PMEGP-MIS web portal has been introduced. at district/state/zone and national level for providing All applications and fund flow will be processed marketing support to the entrepreneurs/units. For June-November, 2017 65