The PMRY aimed to provide employment to more than a million persons by setting up of 7 lakhs micro enterprises by the educated unemployed youth during the last four years of VIII Five Year Plan i.e. 1993-94 to 1996-97.

The Scheme has been continuing in the IX Five Year Plan. It relates to the setting up of the self employment ventures in all economically viable projects (except direct agricultural operations). The Scheme also seeks to associate reputed non-governmental organizations in implementation of PMRY Scheme especially in the selection, training of entrepreneurs and preparation of project profiles.

1) Age: 18 to 40 years for all educated unemployed in North Eastern States and HP. 18 to 45 years for Scheduled Caste/Scheduled Tribes, Ex-servicemen,

     Physically Handicapped and Women educated unemployed in the country.
2) Educational Qualifications: VIII Passed. Preference will be given to those trained in any trade in Government recognized/approved institutions for at least

     six months.
3) Family Income: Neither the income of the beneficiary along with spouse nor the income of parents of the beneficiaries should exceed Rs. 24,000/- per

     annum. Up to Rs.40, 000/- per annum in the North Eastern States and HP.
4) Defaulter: Should not be a defaulter of any Nationalized Bank/financial institution/Cooperative Bank. Further a person already assisted under other

     subsidy, linked Government schemes would not be eligible under the Scheme.
5) Residency: Beneficiary should be the permanent resident of the area for at least three years.

Contact

Ministry of Micro, Small and Medium Enterprises,
Udyog Bhavan, New Delhi – 110011
E-mail -min-msme@nic.in.
Phone- 011-23061566, 23061739