CURRENT AFFAIRS

Detailed explanation-1: -UPSC Mains. Q. The Prime Minister’s Employment Generation Programme (PMEGP) has been extended till which year? Notes: The Prime Minister’s Employment Generation Programme (PMEGP) has been approved for continuation till 2025-26 with the total outlay of Rs 13,554.42 crore.

Detailed explanation-2: -“The PMEGP has now been approved for continuation over the 15th Finance Commission Cycle for five years from 2021-22 to 2025-26 with an outlay of ₹13,554.42 crore,” said a statement from the union ministry of micro, small and medium enterprises.

Detailed explanation-3: -Extension of PMEGP Scheme 2023. The Narendra Modi government on 30 May 2022 approved the continuation of the Prime Minister’s Employment Generation Programme (PMEGP) for five years from 2021-22 to 2025-26.

Detailed explanation-4: -The Prime Minister’s Employment Generation Programme (PMEGP) is a flagship scheme of the Ministry of MSME, which was launched in September 2008 by merging the erstwhile Rural Employment Generation Programme (REGP) implemented by KVIC and Pradhan Mantri Rojgar Yojana (PMRY) implemented by District Industries Centers.

Detailed explanation-5: -5.00 lakhs and upto Rs. 25.00 lakhs under PMEGP scheme.