SRINAGAR: Jammu and Kashmir reported 6,060 micro enterprises assisted under the Prime Minister’s Employment Generation Programme (PMEGP) in the current year (up to December 9, 2025), with an estimated 48,480 jobs generated, while 2,379,745 Mudra loan accounts in the Union territory have disbursed Rs 51,245.86 crore, government data tabled in the Lok Sabha shows.
The figures were furnished by the Ministry of Micro, Small and Medium Enterprises in reply to a parliamentary question. They appear amid wider fluctuations in PMEGP activity in the Union territory: 21,648 enterprises were assisted in 2021-22 (est. employment 173,184), 12,023 in 2022-23 (96,184), 15,065 in 2023-24 (120,520) and 9,863 in 2024-25 (78,904), before the 6,060 recorded so far in 2025-26 (48,480).
The Ministry said PMEGP continues to provide margin money subsidy and credit-linked support for micro enterprises through implementing agencies such as KVIC, KVIBs and district administrations, with the scheme monitored via a dedicated PMEGP portal. For Jammu and Kashmir the annual statewise annexure submitted to Parliament gives the breakdown of assisted units and the estimated employment each year.
On collateral-free credit under the Pradhan Mantri Mudra Yojana, the ministry told MPs that Mudra loans are available across four categories — Shishu, Kishor, Tarun and the new Tarun Plus introduced on October 24, 2024 — with any eligible entrepreneur able to borrow up to Rs 20 lakh. Nationally, as of October 2025, 553.89 million Mudra loan accounts totalling Rs 3,618,342.75 crore had been extended; Jammu and Kashmir’s 2,379,745 accounts form part of that national footprint.
The Government highlighted targeted support for disadvantaged beneficiaries under PMEGP: those in Special Categories including Scheduled Castes receive higher margin money subsidy — 35 per cent of project cost in rural areas and 25 per cent in urban areas — against 25 per cent and 15 per cent respectively for general category beneficiaries. The own contribution requirement for Special Category beneficiaries is 5 per cent, compared with 10 per cent for general beneficiaries.
To ensure implementation and oversight, the ministry said it holds periodic review meetings with implementing agencies and financial institutions and relies on State Level Monitoring Committees and District Level Monitoring Committees. Regular bankers meetings and a monitoring portal are used to track applications through to margin money disbursement and adjustment into beneficiaries’ loan accounts.
