opportunities in ssi sector

Wednesday, December 08, 2004

Lok Sabha

The Government has been promoting the cause of weaker sections, particularly SCs and STs, through its schemes and programmes being implemented for promotion and development of Small Scale Industries in the country. Some of the schemes/programmes of the Ministry of Small Scale Industries that have specific reservations/concessions/preferences for SCs/STs are Entrepreneurship Development Programme (EDP), Management Development Programme (MDP) etc. Further, the Government in the Ministry of Agro and Rural Industries (ARI) implements the Prime Minister’s Rozgar Yojana (PMRY) to assist the educated unemployed youth in setting up self-employment ventures in industry, service and business sectors. The scheme envisages 22.5 per cent reservation for youths of SCs/STs. The Government in the Ministry of ARI also implements the Rural Employment Generation Programme (REGP), a credit linked subsidy programme, to assist setting up industries in rural areas, with project cost of upto Rs. 25 lakh. Under the REGP, eligible youth from SCs and STs are entitled to a higher margin money grant of 30percent (against 25 per cent for others) of the project cost upto Rs. 10 lakh and 10 per cent of the balance cost of the project upto Rs. 25 lakh.

This information was given by Shri Mahabir Prasad, Minister of Small Scale Industries & Agro and Rural Industries in a written reply to a question in Lok Sabha today.