| 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 |