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How PMEGP Helped Jaideep Chaudhary Build a Successful Pasta Factory in Bihar
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News18•08-10-2026, 18:44
How PMEGP Helped Jaideep Chaudhary Build a Successful Pasta Factory in Bihar
- •Jaideep Chaudhary from Lakhisarai established a successful pasta factory with financial support from the government's PMEGP scheme.
- •In 2017, he secured a bank loan under PMEGP for a 25 lakh rupee project, contributing 10 percent of the cost himself.
- •The factory currently provides direct employment to about 25 people and indirectly benefits another 20 to 25 individuals.
- •The PMEGP scheme, run by the Ministry of Micro, Small and Medium Enterprises, aims to create employment by supporting new micro-enterprises.
Key Questions Answered
The Prime Minister's Employment Generation Programme (PMEGP) is a credit-linked subsidy scheme run by the Ministry of Micro, Small and Medium Enterprises, Government of India. Its main objective is to generate employment opportunities by setting up new micro-enterprises at the local level.
In 2017, Jaideep Chaudhary took a bank loan through the Industries Department under the PMEGP scheme to set up his pasta factory. The total project cost was Rs 25 lakh, to which he contributed 10 percent (Rs 2.5 lakh), while the remaining amount was provided as a bank loan.
Jaideep's pasta factory has provided direct employment and livelihood opportunities to about 25 people, while another 20 to 25 people are benefiting indirectly.
