When was the Prime Minister’s Employment Generation Programme (PMEGP) launched?
Correct Answer :
2008
Solution :
The correct answer is 2008.
Step-by-step Explanation:
1. The Prime Minister's Employment Generation Programme (PMEGP) is a major credit-linked subsidy scheme introduced by the Government of India.
2. It was launched in the financial year 2008-09, specifically on August 15, 2008, by merging two pre-existing schemes: the Prime Minister’s Rozgar Yojana (PMRY) and the Rural Employment Generation Programme (REGP).
3. The scheme is administered by the Ministry of Micro, Small and Medium Enterprises (MSME) to facilitate employment generation through the setting up of micro-enterprises in both rural and urban areas.
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