Mandya district sees over Rs 4 crore in PMEGP subsidies disbursed for 2025-26. Over 19,000 artisans trained under PM Vishwakarma, with toolkits for 9,600. DC stresses bank loan support for enterprise success.
Bank lending to first-time micro-entrepreneurs under PMEGP drops sharply due to rising NPAs, US tariffs, and tighter credit norms. Only 12,707 projects supported this fiscal year.
A sophisticated fraud scheme targeting PM Employment Generation Programme applicants in Karnataka's Udupi district has left a couple and their relative poorer by ₹1.45 crore. Police investigation reveals elaborate deception tactics.