Khadi and Village Industries Commission (KVIC) has broken all the previous records by creating the highest employment under the flagship Prime Minister's Employment Generation Program (PMEGP) in the financial year 2021-22. Over 8.25 lakh jobs were created along with 1.03 lakh new manufacturing and service units, despite a partial lockdown in the first three months of the year due to the second wave of the COVID-19 pandemic in the country, KVIC said in a statement.

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This has emerged PMEGP as the government's most powerful tool for self-sustainability in the year 2021-22.

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KVIC Chairman Shri Vinai Kumar Saxena attributed this quantum jump in employment creation to the Prime Minister’s push for local manufacturing to achieve self-reliance. “This big thrust to local manufacturing and self-employment in wake of the Covid-19 pandemic has done wonders. A large number of youths, women and migrants were prompted to take up self-employment activities under PMEGP. Further, a slew of policy decisions taken by the Ministry of MSME and KVIC to expedite the execution of projects under PMEGP helped KVIC achieve its best ever performance,” Saxena said.

Compared to the previous year, i.e. 2020-21, the number of units and employment created under PMEGP has gone up by 39% each, while the margin money distribution (subsidy) has also witnessed a jump of 36% in FY 2021-22.

In the larger perspective, the number of units set up under PMEGP since 2014-15 has increased by 114%, employment creation has gone up by 131% and the margin money distribution has seen a quantum jump of 165% in the year 2021-22.

KVIC, in recent years, has taken a number of initiatives for effective implementation of PMEGP. In 2016, KVIC introduced an online portal for PMEGP. Before 2016, filing of applications was done manually and on an average only 70,000 applications were received annually. But, with the online portal in place, an average of nearly 4 lakh applications are received every year. The online system has brought in greater transparency. PMEGP portal enables the applicants to track their applications without any human intervention.