The Ministry of MSME says the latest margin-money subsidy tranche will support 11,333 beneficiaries setting up micro-enterprises, with projects expected to create more than 1.02 lakh jobs.
Union MSME Minister Jitan Ram Manjhi released ₹1,000 crore in margin-money subsidy under the Prime Minister’s Employment Generation Programme (PMEGP) at an event in New Delhi on October 28. The Ministry says the tranche will support 11,333 beneficiaries whose bank-sanctioned project loans total about ₹3,260 crore. The enterprises are expected to generate more than 1.02 lakh sustainable jobs, primarily in rural areas.
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PMEGP provides credit-linked assistance for setting up micro-enterprises in the non-farm sector. The ministry also reported that since 2014–15, the programme has helped establish more than 8.38 lakh enterprises and generated approximately 75 lakh employment opportunities. These are figures reported by the Ministry of MSME.
Source: issuing ministry / PIB. Original bulletin: 28 October 2026 at 9:29 pm IST. https://www.pib.gov.in/PressReleasePage.aspx?PRID=2329819
Photo: Issuing ministry / PIB, published with the official report.
