PUDUKOTTAI: Sustained efforts by organising awareness camps on the ‘Prime Minister’s Employment Generation Programme’ (PMEGP) being implemented by the Khadi and Village Industries Commission (KVIC) has started paying dividends if the overwhelming response from the entrepreneurs to make the most of the scheme is any indication.
Shortly after a couple of awareness programmes were conducted for the implementation of the PMEGP, which provides an attractive marginal money for the entrepreneurs, as many as eight industrialists, most of them with adequate experience in their chosen trades, have submitted their proposals to the KVIC.
The PMEGP, implemented by the District Industries Centre in urban areas and KVIC in rural areas, has attracted 26 entrepreneurs who have submitted projects for the manufacture of value-added coir products, setting up of stone-crusher, fabrication units so on and so forth.
Talking to ‘The Hindu’ here, Assistant Development Officer, KVIC, Madurai, R.L.N. Murthy said the KVIC alone had received eight proposals with a project outlay of Rs.90 lakh, including margin money of Rs.27.50 lakh. One of the entrepreneurs, V. Jayaseelan of Suriyur village in Kolathur block, had submitted a proposal of Rs. 25 lakh -- the maximum project cost permissible under the PMEGP, with a margin money of Rs.8.75 lakh.
“Even small and tiny industrialists have also been encouraged to start their venture. Woman entrepreneur R. Indirani of Oddanpatti near Pudukottai has sought Rs.1.10 lakh for making coir foot-mats,” he said. General manager of District Industries Centre S.M. Rasumani said that the scheme had come as a boon to those interested in taking up fabrication units. The DIC had received 18 proposals for various trades. Awareness camps had been held in the past in which bank officials and entrepreneurs held discussion on the viability of the projects, the quantum of loan and the margin money available through the KVIC.