Union Minister for Micro,
Small and Medium Enterprises and M/o RT&H, Shri Nitin Gadkari
informed the Lok Sabha in a written
reply today that 5,87,416 employment opportunities were
created by giving margin money subsidy of Rs. 2070 crore to 73,427 projects
during the year 2018-19.
The Ministry of MSME implements credit linked subsidy scheme
namely Prime Minister’s Employment Generation Programme (PMEGP)
to promote self-employment opportunities through establishment of micro-enterprises in non-agriculture sector.
He also added that Government of
India also implements Pradhan Mantri
MUDRA Yojana (PMMY) to provide collateral free loans upto Rs 10 lakh.
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How to apply for msme loan??
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