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2011-02-25

MSME ministry out to help young entrepreneurs

PMEGP is a credit-linked subsidy scheme of the Government, implemented from 2008-09 through Khadi and Village Industries Commission (KVIC),

The government is very keen to support first generation entrepreneurs and so there are schemes under Rajiv Gandhi Udyami Mitra Yojana (RGUMY), says Minister of State (Independent Charge) for Micro, Small and Medium Enterprises, Virbhadra Singh in a written reply to a question in the Lok Sabha on Thursday.


He also informed that the government imparts training to persons desirous of setting up of micro-enterprises including agro-industries, under Prime Minister’s Employment Generation Programme (PMEGP). PMEGP is a credit-linked subsidy scheme of the Government, implemented from 2008-09 through Khadi and Village Industries Commission (KVIC), a statutory organization under this Ministry, he added.

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