Indian Polity · PMEGP
The Prime Minister's Employment Generation Programme (PMEGP) is a credit-linked subsidy scheme for setting up new micro-enterprises. What is the maximum project cost allowed for a manufacturing unit and the percentage of 'Margin Money' subsidy provided to a beneficiary from a 'Special Category' in a rural area?
- 1Max cost 100 lakh; Subsidy 40 percent
- 2Max cost 20 lakh; Subsidy 15 percent
- 3Max cost 25 lakh; Subsidy 25 percent
- 4Max cost 50 lakh; Subsidy 35 percent✓
Correct answer
Max cost 50 lakh; Subsidy 35 percent
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