PIB Press Releases

Success Story: Pmegp Scheme Provides Impetus to Enterprise

PMEGP (Prime Minister’s Employment Generation Programme)  Scheme helped Nardeep Singh become a successful entrepreneur. Speaking about his success, a proud Nardeep Singh said, “I strived hard for a job but failed to get success. Weary, I approached the Jammu and Kashmir Khadi and Village industries board, Udhampur, wherein the district officer briefed me and convinced me about the PMEGP Scheme and thus, activated the entrepreneur in me.

I then applied for loan assistance of Rs 24.96 lakhs for the manufacturing of the Hydraulic Equipment unit. The case was eventually approved by the DLTFC (District Level Task Force Committee). Despite the failures in life, I never compromised with my conscience. I took a risk and it eventually paid off. Today, I strive to continuously push my own boundaries.” Presently Nardeep Singh has employed over 25 unemployed youth of the locality.

Ministry of MSME is implementing Prime Minister’s Employment Generation Programme (PMEGP) since 2008-09 through Khadi and Village Industries Commission (KVIC) as a nodal agency at the national level for generating employment opportunities in the country by setting up micro-enterprises in the non-farm sector.

Disclaimer : This is an official press release by PIB.

Back to top button