UP achieves 108 pc of target under PMEGP
Lucknow, Aug 2 : Yogi Adityanath led Uttar Pradesh government has achieved 108 per cent of the target set under Prime Minister’s Employment Generation Programme (PMEGP) for the second quarter of the current fiscal in the first quarter itself.
The Yogi Government has also achieved 95 percent of the target of setting up small-scale units under the programme, said an official.
Additional Chief Secretary, Micro, Small and Medium Enterprises Navneet Sehgal on Tuesday said that the government exceeded the target of providing employment to 15,000 youths by the completion of the second quarter of 2022-2023 by 108 percent in the first quarter itself and provided jobs to 16,257 jobless people.
In-charge of the PGME scheme Hari Ram Singh said that under the PMEGP scheme 1,850 units were to be set up in the state by the second quarter while the government has established 1,636 units, achieving 95 percent of the target.
Singh said that small and micro industries are being set up rapidly in rural areas under PMEGP, adding that a total of 2,194 applications were approved of which 1,636 units have already been set up while work on the rest is in progress.
He said that out of around Rs 7 seven crore received for setting up industries, about Rs 6 crore has already been spent so far. In the last five years, 15,090 units were set up in rural areas of the state at the cost of Rs 1,982 crore. At the same time, additional employment has been given to 1,60,166 unemployed.
It may be noted that providing jobs to the unemployed youth and encouraging them to become job creators by setting up industrial ventures at micro and small scales have been the priorities of the Yogi Government ever since it came to power in 2017.
The CM also supervises work on his dream project of boosting the setting up of small and micro industries in the state. The PMEGP scheme was launched by the central government to provide employment opportunities to the unemployed youth of the country.
Through this scheme, loans from Rs 10 lakh to up to Rs 25 lakh are being made available to the unemployed youth of the country to start industrial ventures. A subsidy of up to 35 percent is also given to the beneficiary under the scheme.(UNI)