Consider the following statements about the Prime Minister’s Employment Generation Programme (PMEGP): 1. It is a centrally sponsored scheme. 2. The Khadi and Village Industries Commission (KVIC) is the nodal agency for the scheme at the national level. 3. The scheme aims for employment generation by setting up of micro- enterprises in both farm and non-farm sector. How many of the above statements are correct? |ForumIAS

Q. Consider the following statements about the Prime Minister’s Employment Generation Programme (PMEGP):
1.It is a centrally sponsored scheme.
2.The Khadi and Village Industries Commission (KVIC) is the nodal agency for the scheme at the national level.
3.The scheme aims for employment generation by setting up of micro- enterprises in both farm and non-farm sector.
How many of the above statements are correct?

[A] Only one

[B] Only two

[C] All three

[D] None

Answer: A

Notes:

Explanation: Only Statement 2 is correct

Statement 1 is incorrect: PMEGP is a Central Sector Scheme.

Statement 2 is correct: Ministry of MSME is implementing a major credit-linked subsidy programme named Prime Minister’s Employment Generation Programme (PMEGP) since 2008-09 with Khadi and Village Industries Commission (KVIC) as nodal agency at the national level.

Statement 3 is incorrect: The scheme aims for generating employment opportunities in the country by setting up of micro- enterprises in the non-farm sector.

Source: PIB

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