PMEGP and PMMY Initiatives for SC and Rural Entrepreneurs

The Ministry of MSME is implementing the Prime Minister’s Employment Generation Programme (PMEGP) to support rural and Scheduled Caste (SC) beneficiaries with higher subsidies and lower contributions for setting up micro enterprises. Additionally, the Pradhan Mantri Mudra Yojana (PMMY) offers collateral-free loans up to ₹20 lakh for small enterprises across various sectors, facilitating financial support for income-generating activities.

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