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Which of the following is not an objective of PMEGP?
  • a)
    To set up new micro- enterprises
  • b)
    To generate employment opportunities in rural India only
  • c)
    To generate employment in rural and urban India through KVIB and DIC
  • d)
    Both A and B
  • e)
    Both A and C
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Which of the following is not an objective of PMEGP?a)To set up new mi...
Prime Minister’s Employment Generation Programme is subsidy scheme initiated by the government of India with the objectives of generating employment in both, rural and urban India with the help of District Industries Centre (DIC) and Khadi and Village Industries Board (KVIB) and to set up new micro- enterprises.
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Which of the following is not an objective of PMEGP?a)To set up new mi...
Objective of PMEGP:

To set up new micro-enterprises:
- PMEGP aims to provide financial assistance for setting up new micro-enterprises in various sectors.
- This objective helps in promoting entrepreneurship and self-employment among individuals.

To generate employment opportunities in rural and urban India through KVIB and DIC:
- PMEGP aims to generate employment opportunities in both rural and urban areas through the Khadi and Village Industries Board (KVIB) and District Industries Centers (DIC).
- This objective helps in reducing unemployment and poverty by creating sustainable livelihood options.

Explanation of the incorrect option:

Not to generate employment opportunities in rural India only (Option B):
- PMEGP does not restrict its focus to only rural India; it aims to generate employment opportunities in both rural and urban India.
- By supporting micro-enterprises through KVIB and DIC, PMEGP contributes to job creation in various regions, not limited to rural areas only.
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Which of the following is not an objective of PMEGP?a)To set up new micro- enterprisesb)To generate employment opportunities in rural India onlyc)To generate employment in rural and urban India through KVIB and DICd)Both A and Be)Both A and CCorrect answer is option 'B'. Can you explain this answer?
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