BUDGAM: In Budgam district 865 youth have been covered under Centrally Sponsored Prime Minister’s Employment Guarantee Programme (PMEGP) during the last two years.
This was disclosed during ameeting held on Saturday by District Development Commissioner Budgam, Mir Altaf Ahmad to review the performance of the District Industries Centre.
Under the employment programme the loan assistance up to Rs. 25 lakh with handsome component of subsidy is being provided to the youth to set up their micro income generating units.
It was informed that Rs. 1.41 crores have been provided as subsidy so far among beneficiaries for setting up of their micro enterprises. It was further informed that 131 loan cases of the unemployed youth have been sponsored.