The Role of PMEGP Loans in Promoting Entrepreneurship in India
India, a land of vibrant colors, rich traditions, and an ever-growing economy, has always held a special place for entrepreneurship. The spirit of innovation and the desire to create something new have been deeply ingrained in the Indian psyche. In recent years, the government has taken significant strides to promote entrepreneurship, recognizing its important role in stimulating the country’s economic growth and creating employment opportunities. One of the most impactful initiatives in this regard has been the Prime Minister’s Employment Generation Program or PMEGP loan scheme.