Bhagalpur, May 26 (IANS) A businessman in Bihar’s Bhagalpur has credited the Central government’s welfare schemes, such as the PM Mudra Yojana and Prime Minister’s Employment Generation Programme (PMEGP), for helping him establish and expand his enterprise, saying the initiatives have significantly improved both his livelihood and local employment generation.Rajeev Pradeep, who runs a concrete products manufacturing unit in Bhagalpur, said he first availed a loan of Rs 5 lakh under the PM Mudr…
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New Delhi, May 26 (IANS) The Khadi and Village Industries Commission (KVIC) has reported record growth in production, sales and employment over the past 12 years, with total sales rising 501 per cent to Rs 1.87 lakh crore in the financial year 2025-26, according to provisional data released on Tuesday.Releasing the data, KVIC Chairman Manoj Kumar said the commission has achieved new milestones across key performance indicators, reflecting strong rural economic expansion.In addition, the sector r…
Giridih (Jharkhand), April 8 (IANS) The Pradhan Mantri Mudra Yojana (PMMY) is emerging as a strong pillar of support for small entrepreneurs in Jharkhand’s Giridih district, enabling hundreds of people to start their own ventures and move towards financial independence.Under the scheme, collateral-free loans have facilitated the establishment of various small businesses, including retail shops, tailoring units, mineral water plants, e-rickshaws, and street vending enterprises. This has signifi…
Patna, March 22 (IANS) Ashok Kumar, a resident of Bihar’s Sheikhpura district who once barely managed to make ends meet by running a small shop, is running a successful entrepreneurial venture in the city. He attributes his success to the Prime Minister’s Employment Generation Programme (PMEGP) – a central government scheme, which assists prospective beneficiaries in establishing new micro-enterprises primarily with small project costs, facilitated through small loans. Sharing the experience o…
Patna, March 19 (IANS) Ankur Abhishek, a native of Husainabad village in Bihar’s Sheikhpura district, is a popular name, and his pasta venture, which started off as a small outlet, is now generating orders from neighbouring regions. The pasta eatery he opened some time ago, after losing his job, has given Ankur a new identity and the village new recognition for its rare culinary taste.Ankur opened this with assistance under the Prime Minister’s Employment Generation Programme (PMEGP). Toda…
New Delhi, March 12 (IANS) About 7.83 crore Micro Small and Medium Enterprises (MSMEs) have registered on the Udyam Registration portal since 2020, while 1.37 lakh MSMEs have shut down in the same period, constituting just 0.17 per cent of MSMEs which have been closed, the Parliament was informed on Thursday.As recorded by 7.83 crore MSMEs registered on Udyam Registration Portal, total employment (as on February 28, 2026) is 34.50 crore, Union MSME Minister Jitin Ram Manjhi replied to a question…
Thiruvananthapuram, Feb 5 (IANS) Union Minister of State for MSME, Labour and Employment Shobha Karandlaje, who is also the BJP’s co-incharge for the Kerala Assembly elections, on Thursday alleged that the state government, while raising demands for an AIIMS, had failed to utilise three medical colleges already allotted to Kerala — two in Wayanad and Kasaragod and an ESI medical college in Kollam.As part of a nationwide outreach by Union Ministers to explain the Union Budget, Karandlaje accus…
Bhubaneswar, Jan 1 (IANS) In the wake of large scale ethnic violence that occurred last month in the tribal-dominated Malkangiri district, the Odisha government, on Thursday, took a series of decisions to address various grievances of the tribals in the district. The decisions were made during a high-level meeting held at the Lok Seva Bhawan under the chairmanship of Chief Minister Mohan Charan Majhi.As per a statement issued by the Chief Minister’s Office (CMO), it was decided that the Malkangi…