KVIC Disburses ₹300 Crore PMEGP Subsidy to 11,480 Beneficiaries

Current Context: The Khadi and Village Industries Commission (KVIC) disbursed Rs 300 crore as margin money subsidy to 11,480 service sector beneficiaries under the Prime Minister’s Employment Generation Programme (PMEGP) on June 17, 2025.

Key Highlights

The subsidy was disbursed against Rs 906 crore in sanctioned loans, benefiting entrepreneurs across all six zones of India.
The South Zone received the highest subsidy of Rs 116 crore for 4,565 projects, followed by the North Zone with Rs 61 crore for 2,713 projects.
The Central Zone (Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Uttarakhand) received Rs 72 crore for 2,403 projects, while the East Zone (Bihar, Jharkhand, Odisha, West Bengal, Andaman & Nicobar) got Rs 22 crore for 996 projects.
The Western Zone (Maharashtra, Gujarat, Goa) received Rs 26 crore for 722 projects, and the North Eastern Region saw Rs 2 crore allocated to 81 projects.
Since its inception, PMEGP has supported over 10.18 lakh micro enterprises, generating employment for over 90 lakh people.

Question:

Q.1 On June 17, 2025, how much margin money subsidy was disbursed by KVIC under PMEGP to service sector beneficiaries?
a) ₹200 crore
b) ₹250 crore
c) ₹320 crore
d) ₹300 crore

Answer: d) KVIC disbursed ₹300 crore as margin money subsidy under the PMEGP scheme to 11,480 beneficiaries in the service sector.