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Assam News

Assam's Khadi Industry Propels Local Economy With Rs 18.92 Crore Sales, Creates 5,000 Jobs

The beneficiaries of the Prime Minister’s Employment Generation Programme (PMEGP) includes more than 7,600 small entrepreneurs belonging to Scheduled Castes (SC) and Scheduled Tribes (ST).

Sentinel Digital Desk

GUWAHATI: Assam’s local Khadi industry has performed exceptionally well by achieving total sales of Rs 18.92 crore last year and creating over 5,000 jobs.

Assam Chief Minister Himanta Biswa Sarma has shed light on the state government's efforts to empower small businesses, which have contributed immensely to the economic growth of the state.

This sector's growth has been propelled due to the massive support provided by the government.

The beneficiaries of the Prime Minister’s Employment Generation Programme (PMEGP) includes more than 7,600 small entrepreneurs belonging to Scheduled Castes (SC) and Scheduled Tribes (ST).

These commendable initiatives aim to cultivate an entrepreunerial environment and support the economic upliftment of these communities.

Financial Support under the Prime Minister's Employment Generation Programme

- Margin Money Allocation: 111.16 crore
- Utilized Margin Money: 64.06 crore
- Units Assisted: 2,417
micro-enterprises have received vital support.
- Estimated Jobs Created: 19,336 new employment opportunities generated

Empowering Entrepreneurs:

- From FY 2018-19 to FY 2023-24, α total of 2,417 projects were supported under the PMEGP (Prime Minister's Employment Generation Programme).
- As of March 31, 2024, 7,216 SC/ST small entrepreneurs from Assam have benefitted from various schemes.