Archive · 18 Jun 2025
KVIC Disburses Rs 300 Crore in Subsidies Under PMEGP
The government, through KVIC, is giving money to help people start their own service-based businesses.
They gave out 300 crore rupees to over 11,000 people.
This money helps them get loans for their businesses.
The goal is to create jobs and help people become self-employed all over India.
The money was distributed across six zones, supporting different projects.
This is part of a larger plan to make India self-reliant and encourage people to start their own ventures.
KVIC disbursed Rs 300 crore in subsidies to 11,480 service sector beneficiaries.
The disbursement was done under the Prime Minister’s Employment Generation Programme (PMEGP).
The total loan sanctioned for these projects was Rs 906 crore.
All six zones of the country participated in the disbursement program.
The scheme aims to promote self-employment and entrepreneurship across India.
- Who
- Khadi and Village Industries Commission (KVIC)
- What
- KVIC disbursed Rs 300 crore in subsidies.
- When
- Not mentioned
- Where
- Across India
- Why
- To promote self-employment and entrepreneurship.
- Subsidy Amount
- Rs 300 crore
- Beneficiaries
- 11,480
- Program
- PMEGP
- Loan Sanction
- Rs 906 crore
- Zones Involved
- 6
