KVIC Disburses ₹300 Crore PMEGP Subsidy to Over 11,000 Beneficiaries Across India
Chandigarh, June 18:
In a major push towards self-reliant India, the Khadi and Village Industries Commission (KVIC) disbursed ₹300 crore as margin money subsidy to 11,480 beneficiaries under the Prime Minister’s Employment Generation Programme (PMEGP) on June 17, 2025. The financial assistance, released through a virtual event, supports service sector projects across the country and corresponds to a total loan sanction of ₹906 crore.
KVIC Chairman Shri Manoj Kumar, along with CEO Ms. Roop Rashi and senior officials, virtually transferred the subsidies directly into the beneficiaries’ bank accounts. Highlighting the impact of the PMEGP, Shri Kumar said the initiative, guided by Prime Minister Narendra Modi’s vision of a self-reliant and developed India, has evolved into a powerful socio-economic movement. “This scheme empowers youth, women, and artisans by promoting entrepreneurship and self-employment in every corner of the country,” he added.
The disbursement spanned all six zones of India:
- Central Zone: ₹72 crore subsidy for 2,403 projects in Uttar Pradesh, Madhya Pradesh, Chhattisgarh, and Uttarakhand, backed by ₹218 crore in sanctioned loans.
- East Zone: ₹22 crore for 996 projects in Bihar, Jharkhand, Odisha, West Bengal, and Andaman & Nicobar Islands, with loans worth ₹71 crore.
- North Zone: ₹61 crore subsidy disbursed for 2,713 projects in Punjab, Haryana, Himachal Pradesh, J&K, Ladakh, Rajasthan, and Chandigarh, against loan sanctions of ₹184 crore.
- North East Zone: ₹2 crore disbursed for 81 projects across Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, and Tripura.
- South Zone: The highest share of ₹116 crore was distributed across 4,565 projects in Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Kerala, and Puducherry, with loans exceeding ₹343 crore.
- West Zone: ₹26 crore subsidy for 722 projects in Maharashtra, Gujarat, and Goa, backed by ₹82 crore in loans.
Read also: Tricity Metro Project Delayed Again as UT Seeks Revised Report from RITES
Since the launch of PMEGP, over 10.18 lakh micro enterprises have been established with loans totaling ₹73,348 crore. The Government of India has provided margin money subsidies of ₹27,166 crore under the scheme. Notably, more than 90 lakh people have gained direct or indirect employment through PMEGP, making it one of India’s most impactful self-employment programs.
The KVIC’s latest initiative underlines its commitment to fostering rural and urban entrepreneurship while advancing the national goal of economic self-reliance.
