KVIC Disburses Rs 3 Billion in Subsidies via PMEGP

18 Jun 2025 CW Team

Chairman Kumar remarked that under Prime Minister Narendra Modi’s leadership, PMEGP has become a powerful tool for fostering employment and self-reliance in India’s villages. He described the scheme as more than financial assistance—calling it a social movement connecting youth, women, and artisans with entrepreneurship opportunities.

Subsidies were distributed across six regions:

Central Zone (Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Uttarakhand): Rs 720 million for 2,403 projects, against Rs 2.18 billion in loans.
East Zone (Bihar, Jharkhand, Odisha, West Bengal, Andaman & Nicobar Islands): Rs 220 million for 996 projects, with loans of Rs 710 million.
North Zone (Punjab, Haryana, Himachal Pradesh, J&K, Ladakh, Rajasthan, Chandigarh): Rs 610 million for 2,713 projects, alongside Rs 1.84 billion in loans.
Northeast Zone (Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura): Rs 20 million for 81 projects.
South Zone (Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Kerala, Puducherry): Rs 1.16 billion for 4,565 projects, matched with Rs 3.43 billion in loans.
West Zone (Maharashtra, Gujarat, Goa): Rs 260 million for 722 projects, alongside Rs 820 million in loans.

Since inception, the PMEGP scheme has supported the creation of over 1.018 million micro-enterprises, securing loans of Rs 733.48 billion and subsidy assistance of Rs 271.66 billion. The programme has generated direct and indirect employment for more than 9 million people, making it a flagship initiative in promoting self-employment and rural entrepreneurship.

This latest round of subsidy disbursement reaffirms KVIC’s pivotal role in catalysing economic development at the grassroots level. By empowering underserved communities with financial and institutional support, the PMEGP continues to realise the vision of a self-reliant and economically vibrant India.

The Khadi and Village Industries Commission (KVIC) has disbursed Rs 3 billion in margin money subsidies to 11,480 service-sector beneficiaries across India under the Prime Minister’s Employment Generation Programme (PMEGP). This move follows the sanctioning of loan amounts totalling Rs 9.06 billion. The online disbursement was initiated on 17 June 2025 by KVIC Chairman Manoj Kumar, along with senior officials, from the Rajghat office in New Delhi.Chairman Kumar remarked that under Prime Minister Narendra Modi’s leadership, PMEGP has become a powerful tool for fostering employment and self-reliance in India’s villages. He described the scheme as more than financial assistance—calling it a social movement connecting youth, women, and artisans with entrepreneurship opportunities.Subsidies were distributed across six regions:Central Zone (Uttar Pradesh, Madhya Pradesh, Chhattisgarh, Uttarakhand): Rs 720 million for 2,403 projects, against Rs 2.18 billion in loans.East Zone (Bihar, Jharkhand, Odisha, West Bengal, Andaman & Nicobar Islands): Rs 220 million for 996 projects, with loans of Rs 710 million.North Zone (Punjab, Haryana, Himachal Pradesh, J&K, Ladakh, Rajasthan, Chandigarh): Rs 610 million for 2,713 projects, alongside Rs 1.84 billion in loans.Northeast Zone (Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim, Tripura): Rs 20 million for 81 projects.South Zone (Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, Kerala, Puducherry): Rs 1.16 billion for 4,565 projects, matched with Rs 3.43 billion in loans.West Zone (Maharashtra, Gujarat, Goa): Rs 260 million for 722 projects, alongside Rs 820 million in loans.Since inception, the PMEGP scheme has supported the creation of over 1.018 million micro-enterprises, securing loans of Rs 733.48 billion and subsidy assistance of Rs 271.66 billion. The programme has generated direct and indirect employment for more than 9 million people, making it a flagship initiative in promoting self-employment and rural entrepreneurship.This latest round of subsidy disbursement reaffirms KVIC’s pivotal role in catalysing economic development at the grassroots level. By empowering underserved communities with financial and institutional support, the PMEGP continues to realise the vision of a self-reliant and economically vibrant India.

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

Real Estate

06 Apr 2026

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

Real Estate

06 Apr 2026

Domicil Debuts In Tricity With Luxe 9 Showcase

Domicil Germany, a luxury home furnishing brand from the House of HTL International, has made its Tricity debut with an exclusive showcase at Luxe 9, marking its first retail presence in the region.The invite-only event brought together architects, interior designers, real estate developers and high-net-worth individuals, reflecting rising demand for globally inspired, design-led living spaces.Centred on the theme ‘Celebrate Living with Timeless German Design’, the showcase highlighted Domicil’s focus on combining craftsmanship, functionality and refined aesthetics. Attendees experienced..