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 Transport

17 Sep 2025

Three Firms Shortlisted for Rs 332 Million Delhi Metro Contract

Three firms have qualified for the electrification contract D2E-12 of Delhi Metro Phase 4’s Line 10 and Line 5 extension. Line 10 spans 23.622 km, connecting Aerocity and Tughlakabad with 15 stations, while the Line 5 extension covers 12.58 km between Inderlok and Indraprastha with 10 stations.In June 2025, the Delhi Metro Rail Corporation (DMRC) invited bids for this contract. The technical bids were opened on 4 August 2025, with four firms submitting proposals. During the evaluation, one firm’s bid was rejected.The three qualified firms are:M/s A.K. Infra ProjectsM/s Kalpataru Projects I..

Infrastructure Transport

17 Sep 2025

L&T Seeks to Sell Hyderabad Metro Stake Amid Financial Losses

Infrastructure major Larsen & Toubro Limited (L&T) has expressed its intention to sell its stake, exceeding 90 per cent, in the L&T Hyderabad Metro Rail project to either the state or central government through a new Special Purpose Vehicle (SPV), citing operational and accumulated losses.In a letter addressed to the Ministry of Housing and Urban Affairs (MoHUA), L&T Metro Rail stated that despite repeated follow-ups, the Telangana government has not provided the expected financial assistance. The delay is worsening the financial distress of the concessionaire, making the situa..

Infrastructure Transport

17 Sep 2025

Ixigo Launches Delhi Metro Ticketing on Its Trains App

Online travel aggregator (OTA) ixigo has partnered with the Delhi Metro Rail Corporation (DMRC) and the Open Network for Digital Commerce (ONDC) to launch Delhi Metro ticketing on the ixigo Trains app on 12 September.As part of the collaboration, ixigo Trains now offers QR-based metro tickets with in-app payments. Users can plan and book end-to-end journeys across trains, buses, flights, hotels and now metro services on a single platform.The DMRC operates nearly 400 km of network across more than a dozen lines, making it India’s largest and busiest metro system. In August 2025, it recorded i..