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PMEGP scheme gives impetus to enterprise

New Delhi: It is a story, which anyone would like to cherish! PMEGP or 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 a loan assistance of Rs 24.96 lakh for manufacturing of hydraulic equipment. The case was eventually approved by the DLTFC or 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,” said Nardeep Singh, who has employed over 25 unemployed youth of the locality.

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