Q5 · UPSC current affairs · 3 October 2026 · News · Prime Minister Employment Generation Programme PMEGP Extension

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Consider the following statements regarding the Prime Minister Employment Generation Programme (PMEGP):1.It is implemented nationally by the Khadi and Village Industries Commission (KVIC).2.The scheme primarily focuses on providing direct equity infusion for large-scale heavy manufacturing industries.Which of the statements given above is/are correct?

A 1 only
B Both 1 and 2
C 2 only
D Neither 1 nor 2

Correct answer: (a) 1 only

Explanation

Statement 1 is correct as KVIC is the single national nodal agency for implementing PMEGP. Statement 2 is incorrect because PMEGP provides margin money subsidy for non-farm micro-enterprises, not equity for large-scale heavy manufacturing industries.

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