Which one of the following agencies of the Indian Government implements the Prime Minister's Employment Generation Programme?
A
Department of Rural Development
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B
Khadi and Village Industries Commission
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C
Municipality Corporation
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D
Panchayat
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Solution
The correct option is B Khadi and Village Industries Commission The objective of the scheme is to generate self-employment by providing financial assistance to set up own ventures. The disbursement of subsidy is routed through nodal agencies at various levels. Khadi and Village Industries Commission (KVIC) is the nodal agency at the national level. Maximum subsidy for manufacturing sector is Rs 25 lakh while it is Rs 10 lakh for the service sector.