The Parliamentary Standing Committee also had a meeting with the SBI and KVIC to assess the implementation of Prime Minister’s Employment Generation Programme (PMEGP). The Panel was informed that all the Small Scale Industrial Units which were opened in the state under the Programme during the past four years, have been functioning properly, sources said.

The PMEGP is a credit linked subsidy programme introduced by the Union Government by merging the two schemes namely Prime Minister’s Rojgar Yojana (PMRY) and Rural Employment Generation Programme (REGP). Under the scheme, bank loans are sanctioned in the favour of interested persons for setting up of Small Scale Units.

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