A COMPREHENSIVE ASSESSMENT OF PRIME MINISTER’S EMPLOYMENT GENERATION PROGRAMME PMEGP PERFORMANCE AND ACHIEVEMENTS IN NORTH EAST INDIA

Abstract

The Prime Minister's Employment Generation Programme (PMEGP) has been a pivotal initiative aimed at fostering entrepreneurship and employment generation in India. This study delves into the program's performance and achievements in the context of North East India, a region characterized by unique socio-economic challenges and opportunities. The primary objective of this research is to evaluate the effectiveness of PMEGP in stimulating sustainable entrepreneurship, employment generation, and economic development in the North East region. Data was gathered through secondary sources. The analysis encompasses a comprehensive examination of PMEGP beneficiaries, their enterprises, employment created, and the socio-economic impact on the region. Key performance indicators, such as the number of projects funded, loan disbursements, and job creation, are critically assessed. The findings indicate that PMEGP has made significant strides in promoting entrepreneurship and employment generation in North East India. It has funded a multitude of projects across various sectors, contributing to both urban and rural employment. The program has not only generated income opportunities but has also encouraged skill development and empowerment among the region's youth and marginalized communities. Furthermore, it has helped in diversifying the regional economy by supporting ventures in agriculture, handicrafts, tourism, and other sectors.