MSME Ministry’s PMEGP Achieves Record Growth in Micro-Enterprise Development Generates 36.33 Lakh Employment Opportunities, Strengthens Rural Entrepreneurship Surpasses Targets, Driving Growth of Micro-Enterprises and Employment During the 15th Finance Commission Cycle Outperforms Targets with Full Utilization of ₹13,554 Crore Budget Outlay Rural Industrialization Gets Major Boost as 80% of PMEGP Units Come Up in Villages Women and SC/ST/OBC Entrepreneurs Lead PMEGP Success Story Posted On: 07 MAY 2026 10:52AM by PIB Delhi The Ministry of Micro, Small and Medium Enterprises flagship scheme, the Prime Minister’s Employment Generation Programme (PMEGP), implemented through the Khadi and Village Industries Commission (KVIC), continues to play a pivotal role in promoting entrepreneurship and employment generation across the country. PMEGP supports prospective entrepreneurs in establishing new micro-enterprises in the non-farm sector by providing Margin Money (MM) subsidy on bank loans. The scheme primarily aims to create self-employment opportunities for first-generation entrepreneurs and promote sustainable livelihoods in the manufacturing and services sectors, especially in rural areas. Strong Performance During the 15th Finance Commission Cycle During the 15th Finance Commission cycle (FY 2021–22 to FY 2025–26), PMEGP has demonstrated robust performance, reaffirming its contribution to strengthening India’s micro-enterprise ecosystem. Against an approved budgetary outlay of ₹13,554.42 crore, the scheme achieved full utilization of funds and facilitated the establishment of 4,03,706 micro-enterprises, surpassing the target of 4,02,000 enterprises. This achievement reflects effective implementation and sustained demand for entrepreneurship-led initiatives. The programme also generated sustainable employment opportunities for approximately 36.33 lakh individuals, significantly contributing to livelihood creation and grassroots economic development across the country. Inclusive Growth and Rural Outreach PMEGP has continued to promote inclusive development through targeted support to women and socially disadvantaged communities. Women beneficiaries account for nearly 40% of the total micro-enterprises assisted under the scheme. Around 45% of the total Margin Money subsidy disbursed has been provided to women entrepreneurs, encouraging women-led enterprises. Approximately 54% of the beneficiaries belong to SC/ST/OBC categories, highlighting the scheme’s strong focus on social inclusion. Nearly 80% of the enterprises established under PMEGP are located in rural areas, supporting rural industrialization and balanced regional development. Driving Self-Reliance and Grassroots Entrepreneurship The achievements during the 15th Finance Commission cycle reaffirm PMEGP’s role as a key driver of micro-enterprise development and employment generation in India. By facilitating access to credit-linked subsidies and fostering entrepreneurship at the grassroots level, the scheme continues to contribute significantly to inclusive economic growth and the vision of self-reliant India. The Ministry remains committed to further strengthening PMEGP in the forthcoming cycle with an enhanced focus on innovation, scalability, and wider outreach. *** Sunil Kumar Tiwari (Release ID: 2258590) Visitor Counter : 1397 Read this release in: Tamil , Urdu , हिन्दी , Bengali , Bengali-TR , Assamese , Gujarati , Kannada Ministry of Micro,Small & Medium Enterprises Prime Minister’s Employment Generation Programme Drives Inclusive Growth with Strong Support for Women and Rural Entrepreneurs MSME Ministry’s PMEGP Achieves Record Growth in Micro-Enterprise Development Generates 36.33 Lakh Employment Opportunities, Strengthens Rural Entrepreneurship Surpasses Targets, Driving Growth of Micro-Enterprises and Employment During the 15th Finance Commission Cycle Outperforms Targets with Full Utilization of ₹13,554 Crore Budget Outlay Rural Industrialization Gets Major Boost as 80% of PMEGP Units Come Up in Villages Women and SC/ST/OBC Entrepreneurs Lead PMEGP Success Story Posted On: 07 MAY 2026 10:52AM by PIB Delhi The Ministry of Micro, Small and Medium Enterprises flagship scheme, the Prime Minister’s Employment Generation Programme (PMEGP), implemented through the Khadi and Village Industries Commission (KVIC), continues to play a pivotal role in promoting entrepreneurship and employment generation across the country. PMEGP supports prospective entrepreneurs in establishing new micro-enterprises in the non-farm sector by providing Margin Money (MM) subsidy on bank loans. The scheme primarily aims to create self-employment opportunities for first-generation entrepreneurs and promote sustainable livelihoods in the manufacturing and services sectors, especially in rural areas. Strong Performance During the 15th Finance Commission Cycle During the 15th Finance Commission cycle (FY 2021–22 to FY 2025–26), PMEGP has demonstrated robust performance, reaffirming its contribution to strengthening India’s micro-enterprise ecosystem. Against an approved budgetary outlay of ₹13,554.42 crore, the scheme achieved full utilization of funds and facilitated the establishment of 4,03,706 micro-enterprises, surpassing the target of 4,02,000 enterprises. This achievement reflects effective implementation and sustained demand for entrepreneurship-led initiatives. The programme also generated sustainable employment opportunities for approximately 36.33 lakh individuals, significantly contributing to livelihood creation and grassroots economic development across the country. Inclusive Growth and Rural Outreach PMEGP has continued to promote inclusive development through targeted support to women and socially disadvantaged communities. Women beneficiaries account for nearly 40% of the total micro-enterprises assisted under the scheme. Around 45% of the total Margin Money subsidy disbursed has been provided to women entrepreneurs, encouraging women-led enterprises. Approximately 54% of the beneficiaries belong to SC/ST/OBC categories, highlighting the scheme’s strong focus on social inclusion. Nearly 80% of the enterprises established under PMEGP are located in rural areas, supporting rural industrialization and balanced regional development. Driving Self-Reliance and Grassroots Entrepreneurship The achievements during the 15th Finance Commission cycle reaffirm PMEGP’s role as a key driver of micro-enterprise development and employment generation in India. By facilitating access to credit-linked subsidies and fostering entrepreneurship at the grassroots level, the scheme continues to contribute significantly to inclusive economic growth and the vision of self-reliant India. The Ministry remains committed to further strengthening PMEGP in the forthcoming cycle with an enhanced focus on innovation, scalability, and wider outreach. *** Sunil Kumar Tiwari (Release ID: 2258590) <br/>Surpasses Targets, Driving Growth of Micro-Enterprises and Employment During the 15th Finance Commission Cycle<br/><br/>Outperforms Targets with Full Utilization of ₹13,554 Crore Budget Outlay<br/><br/>Rural Industrialization Gets Major Boost as 80% of PMEGP Units Come Up in Villages<br/><br/>Women and SC/ST/OBC Entrepreneurs Lead PMEGP Success Story" /> <span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">The Ministry of Micro, Small and Medium Enterprises flagship scheme, the Prime Minister’s Employment Generation Programme (PMEGP), implemented through the Khadi and Village Industries Commission (KVIC), continues to play a pivotal role in promoting entrepreneurship and employment generation across the country.</span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">PMEGP supports prospective entrepreneurs in establishing new micro-enterprises in the non-farm sector by providing Margin Money (MM) subsidy on bank loans. The scheme primarily aims to create self-employment opportunities for first-generation entrepreneurs and promote sustainable livelihoods in the manufacturing and services sectors, especially in rural areas.</span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px"><strong>Strong Performance During the 15th Finance Commission Cycle</strong></span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">During the 15th Finance Commission cycle (FY 2021–22 to FY 2025–26), PMEGP has demonstrated robust performance, reaffirming its contribution to strengthening India’s micro-enterprise ecosystem.</span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">Against an approved budgetary outlay of ₹13,554.42 crore, the scheme achieved full utilization of funds and facilitated the establishment of 4,03,706 micro-enterprises, surpassing the target of 4,02,000 enterprises. This achievement reflects effective implementation and sustained demand for entrepreneurship-led initiatives.<strong> </strong></span></span></p> <p style="text-align:center"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px"><strong><img src="https://static.pib.gov.in/WriteReadData/userfiles/image/image001TFAH.jpg" style="height:237px; width:520px" /></strong></span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">The programme also generated sustainable employment opportunities for approximately 36.33 lakh individuals, significantly contributing to livelihood creation and grassroots economic development across the country.</span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px"><strong>Inclusive Growth and Rural Outreach</strong></span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">PMEGP has continued to promote inclusive development through targeted support to women and socially disadvantaged communities.</span></span></p> <ul style="margin-left:40px"> <li style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">Women beneficiaries account for nearly 40% of the total micro-enterprises assisted under the scheme. </span></span></li> <li style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">Around 45% of the total Margin Money subsidy disbursed has been provided to women entrepreneurs, encouraging women-led enterprises. </span></span></li> <li style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">Approximately 54% of the beneficiaries belong to SC/ST/OBC categories, highlighting the scheme’s strong focus on social inclusion. </span></span></li> <li style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">Nearly 80% of the enterprises established under PMEGP are located in rural areas, supporting rural industrialization and balanced regional development. </span></span></li> </ul> <p style="text-align:justify"> </p> <p style="text-align:center"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px"><img src="https://static.pib.gov.in/WriteReadData/userfiles/image/image002NPIY.gif" style="height:225px; width:209px" /><img src="https://static.pib.gov.in/WriteReadData/userfiles/image/image003I5JS.gif" style="height:225px; width:218px" /><img src="https://static.pib.gov.in/WriteReadData/userfiles/image/image004GHP4.gif" style="height:224px; width:200px" /></span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px"><strong>Driving Self-Reliance and Grassroots Entrepreneurship</strong></span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">The achievements during the 15th Finance Commission cycle reaffirm PMEGP’s role as a key driver of micro-enterprise development and employment generation in India. By facilitating access to credit-linked subsidies and fostering entrepreneurship at the grassroots level, the scheme continues to contribute significantly to inclusive economic growth and the vision of self-reliant India.</span></span></p> <p style="text-align:justify"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">The Ministry remains committed to further strengthening PMEGP in the forthcoming cycle with an enhanced focus on innovation, scalability, and wider outreach.</span></span></p> <p style="text-align:center"><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px">***</span></span></p> <p><span style="font-family:Times New Roman,Times,serif"><span style="font-size:16px"><strong>Sunil Kumar Tiwari</strong></span></span></p> " /> var mPlayer = document.getElementById("background_music"); var mPlayAction = document.getElementById("playbutton"); var isPlaying = false; function playAudio() { mPlayer.play(); isPlaying = true; 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Prime Minister’s Employment Generation Programme Drives Inclusive Growth with Strong Support for Women and Rural Entrepreneurs
For UPSC
Remember PMEGP runs through KVIC under MSME Ministry; 15th Finance Commission cycle (2021–26) generated 36.33 lakh jobs; 80% units rural; budget outlay ₹13,554 crore fully utilised.
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