Q. With reference to the Prime Minister’s Employment Generation Programme (PMEGP), consider the following statements:
1.It is a credit-linked subsidy scheme administered by the Ministry of Skill Development and Entrepreneurship.
2.PMEGP is a Central Sector Scheme aimed at generating employment in both rural and urban areas through micro-enterprises.
Which of the statements given above is/are correct?
Quarterly-SFG-Jan-to-March
Red Book

[A] 1 and 2 only

[B] 2 only

[C] 1 only

[D] Neither 1 nor 2

Answer: B
Notes:

Explanation:

  • Statement 1 is incorrect: The PMEGP is administered by the Ministry of Micro, Small and Medium Enterprises (MSME), not the Ministry of Skill Development and Entrepreneurship.
  • Statement 2 is correct: The Prime Minister’s Employment Generation Programme (PMEGP) is a Central Sector Scheme, launched in August 2008, to promote employment generation through the establishment of micro-enterprises in non-farm sectors, targeting both rural and urban areas.

Source- BS

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