Creating a plethora of opportunities for the citizens and generating employment, nearly 41,000 jobs have been created under the Prime Minister’s Employment Generation Programme in the current fiscal till July 16, as reported by the PTI.
Under the PMEGP, as many as 40,915 jobs were created and 3.57 lakh employment opportunities were generated during 2014-15, as per a statement in the Lok Sabha by Labour Minister Bandaru Dattatreya.
For beneficiaries belonging to special categories such as Scheduled Castes, Scheduled Tribes, OBCs, minorities, women, ex-servicemen and Physically Handicapped, the margin money subsidy is 35 per cent in rural areas and 25 per cent in urban area.The project has allotted Rs. 25 lakh in the manufacturing sector and Rs. 10 lakh in the service sector. As per the minister’s statement in the House, government has released Rs. 1,019 crore as margin money subsidy this fiscal.