JOIN USThe Centre aims to create employment for 30 lakh people under the Prime Minister’s Employment Generation Programme (PMEGP) during the 12th five year plan, Union Minister of State for Micro, Small and Medium Enterprises K H Muniyappa on Thursday said.
The PMEGP, since its inception in 2008-09 has created 19 lakh jobs up to March 31, 2013. In the 12th five year plan period (2012-2017), the government also plans to create a minimum of 100 first generation enterprises in each district in the country every year, he told reporters here.
To expedite the scheme’s implementation, direction has been issued that loans under PMEGP should be approved by all banks within 100 days of filing of application and subsidy should be released by the government in the next 100 days.
The Centre has also decided to set up one cluster in each districts for which the ministry will spend Rs 850 crore for the current plan period, he said. Adding that these clusters will house different kinds of village industries.
Aiming to create skilled manpower, the Centre will set up new 15 new tool rooms in the country along with existing 10.