Current Affairs · Government Schemes
Under the Prime Minister Employment Generation Programme (PMEGP), a beneficiary from a special category residing in a rural area intends to set up a manufacturing unit with a total project cost of up to 50 lakh. According to the revised guidelines of the Ministry of Micro, Small and Medium Enterprises, what is the quantum of margin money subsidy and the mandatory personal contribution required?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 135 percent margin money subsidy and 10 percent personal contribution
- 235 percent margin money subsidy and 5 percent personal contribution✓
- 325 percent margin money subsidy and 5 percent personal contribution
- 415 percent margin money subsidy and 10 percent personal contribution
Correct answer
35 percent margin money subsidy and 5 percent personal contribution
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