MSME

MSME Ministry Clears Roadblocks for Employment Generation Under PMEGP

As per the amended guidelines, Khadi and Village Industries Commission (KVIC), the nodal agency for implementing PMEGP scheme, after due diligence, will directly clear the proposals/applications of the prospective entrepreneurs and will forward it to the Banks for taking credit decisions. As of now, the proposals were scrutinized by the DLTFC, that often led to inordinate delays in sanctioning of the projects.