RBI/2008-09/211
RPCD.PLNFS.BC. No. 41 /09.04.01/2008-2009

October 10, 2008

The Chairman / Managing Director
All Indian Scheduled Commercial Banks (including RRBs)

Dear Sir,

Prime Minister's Employment Generation Programme (PMEGP)

As you are aware, Government of India, have merged Rural Employment Generation Programme ( REGP) with Prime Minister Rozgar Yojana (PMRY) and introduced a new scheme called Prime Minister Employment Generation Programme (PMEGP). 

2. A copy of the guidelines on PMEGP, released by the Ministry of Micro, Small and Medium Enterprises (MSME), Government of India, along with a copy of the minutes of the meeting under the Chairmanship of Secretary, Ministry of MSME held on September 18, 2008 regarding the modalities for implementation of PMEGP, is enclosed. As  may be observed, Khadi and Village Industries Commission (KVIC) is the single national level nodal implementation agency for PMEGP.

3. You are requested to take appropriate action as envisaged for banks in the said documents and issue necessary instructions to your branches/controlling offices for successful implementation of the scheme.

4. Kindly acknowledge receipt.

Yours faithfully,

(R. Sebastian)
General Manager