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With reference to the Prime Minister’s Employment Generation Programme (PMEGP), consider the following statements:
  1. It includes transgender in the Special Category applicants for availing higher subsidies.
  2. Under this programme the maximum project cost for the manufacturing sector is Rs 25 lakhs.
Which of the statements given above is/are correct?
  • a)
    1 Only
  • b)
    2 Only
  • c)
    Both 1 and 2
  • d)
    Neither 1 nor 2
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
With reference to the Prime Minister’s Employment Generation Pro...
Ministry Of Micro, Small And Medium Enterprises (MSME) has taken many steps during the year 2022 for technology advancement, skill development and job creation.
New features of the ‘Prime Minister’s Employment Generation Programme’ (PMEGP).
  • Firstly, increase the maximum project cost to Rs 50 lakhs (from Rs 25 lakhs) for the manufacturing sector and Rs 20 lakhs (from Rs 10 lakhs) for the service sector.
  • Secondly, the inclusion of applicants from Aspirational districts & Transgenders in the Special Category applicants for availing higher subsidies. 
  • Thirdly, handholding support is being provided to applicants/entrepreneurs through the engagement of banking, technical & marketing experts.
Hence only statement 1 is correct.
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With reference to the Prime Minister’s Employment Generation Programme (PMEGP), consider the following statements: It includes transgender in the Special Category applicants for availing higher subsidies. Under this programme the maximum project cost for the manufacturing sector is Rs 25 lakhs.Which of the statements given above is/are correct?a)1 Onlyb)2 Onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'A'. Can you explain this answer?
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