Consider the following statements regarding Prime Minister Employment generation programme 1 nb...........

Economic Affairs Employment related Issues

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Consider the following statements regarding Prime Minister Employment generation programme:

1. The Scheme is implemented through KVIC and State/UT Khadi & V.I. Boards in Rural areas.

2. Per capita investment should not exceed Rs. 1.00 lakhs in plain areas and Rs. 1.50 lakhs in Hilly areas.

3. Maximum project cost of Rs. 25.00 lakhs in manufacturing sector and Rs. 10.00 lakhs in Service Sector.

Code:

1 and 2 only

2 and 3 only

1 and 3 only

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Explanation:

Eligibility
?   Individuals above 18 years of age
?   VIII Std. pass required for project above Rs.10.00 lakhs in manufacturing and above Rs. 5.00 lakhs for Service Sector
?   Self Help Groups and Charitable Trusts
?   Institutions Registered under Societies Registration Act- 1860
?   Production based Co-operative Societies
Salient features of the scheme
?   The Scheme is implemented through KVIC and State/UT Khadi & V.I. Boards in Rural areas and through District Industries Centres in Urban and Rural areas in ratio of 30:30:40 between KVIC / KVIB / DIC respectively.

No income ceiling for setting up of projects.
Assistance under the Scheme is available only to new units to be established.
Existing units or units already availed any Govt. Subsidy either under State/Central Govt. Schemes are not eligible.
Any industry including Coir Based projects excluding those mentioned in the negative list.
Per capita investment should not exceed Rs. 1.00 lakhs in plain areas and Rs. 1.50 lakhs in Hilly areas.
Maximum project cost of Rs. 25.00 lakhs in manufacturing sector and Rs. 10.00 lakhs in Service Sector.