EMPLOYMENT GENERATION THOUGH PMEGP IN LOHIT DISTRICT OF ARUNACHAL PRADESH – AN ANALYSIS
Journal: IMPACT : International Journal of Research in Humanities, Arts and Literature (IMPACT : IJRHAL) (Vol.6, No. 5)Publication Date: 2018-06-09
Authors : Sanjeeb Kumar Jena; RikoMihu;
Page : 321-334
Keywords : PMEGP; Revenue; Profit; Loan Fungibility; Employment Structure;
Abstract
Entrepreneurship is an important agent in the economic development who provides an alternative solution to much malaise in the society such as poverty, unemployment; regional imbalance in income inequalities. Therefore, it needs the hour to harvest young and budding ideas that to be converted into economic opportunities through their strategic creativity, vision, and innovation. Private and Government sector participation in employment generation is very low most of the people are suffering from employment opportunities. In this connection, Prime Minister Employment Generation Programme (PMEGP) is playing an important role to promote self-employment opportunities through micro and small industrial development by encouraging new entrepreneurs. A huge research gap is present as none of the researchers have undertaken any such research or studies to evaluate the effectiveness of the Govt. sponsored livelihood development programmes and schemes in Arunachal Pradesh with respect to its employment generating capabilities. Therefore, the present research paper made an attempt to study the performance of PMEGP in the study area in terms of its impact in developing the entrepreneurial capabilities to generate employment opportunities.
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