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In India, various self-employment and entrepreneurship development programmes have been launched to empower individuals, particularly in rural areas, by providing them with the necessary skills, financial support, and infrastructure to establish and sustain their own enterprises. These initiatives aim to reduce unemployment, promote economic independence, and foster sustainable development. One of the prominent schemes is the Prime Minister's Employment Generation Programme (PMEGP), which offers subsidized loans to individuals and groups for setting up new micro-enterprises in both rural and urban areas. The scheme provides financial assistance for manufacturing and service ventures, with subsidies ranging from 15% to 35% based on the applicant's category and location. This initiative has been instrumental in promoting self-employment and entrepreneurship across the country. ([The ______ _________ ___ _______ ____.
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