Q. Prime Minister’s Employment Generation Programme (PMEGP) is a major credit-linked subsidy scheme launched by merging which of the following schemes?

1. Prime Minister’s Rojgar Yojana (PMRY).
2. Rural Employment Generation Programme (REGP).
3. Mahatma Gandhi National Rural Employment Guarantee Scheme (MGNREGA).

Answer: Only 1 & 2
Notes: The Prime Minister’s Employment Generation Programme (PMEGP) offers credit-based subsidies for micro enterprises, with the Khadi commission as the nodal agency. Eligible applicants include individuals over 18, Self Help Groups, registered institutions, production co-operatives, and charitable trusts. Existing units and those previously receiving government subsidies are ineligible. only new projects are considered. PMEGP combines the Prime Minister's Rojgar Yojana (PMRY) and the Rural Employment Generation Programme (REGP) to create employment opportunities in both rural and urban areas. The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) aims to generate a specified number of man-days of employment, providing unskilled manual work to adult members of rural households, with at least one-third of beneficiaries being women.