📷 Image: Wikimedia Commons / Asotec
Jobs & Career
MBA graduate launches venture under PMEGP, hiring 40 families in Bihar village
✍️ The Hawk
🗓 29 Oct 2026, 06:40 PM
👁 14
An MBA student in Bihar has started a business under the Prime Minister's Employment Generation Programme, providing jobs to 40 local families.
An MBA graduate from Bihar has converted his academic credentials into a small enterprise under the Prime Minister's Employment Generation Programme (PMEGP). The venture, based in a local village, has taken on the labour of 40 families, offering them regular wages and a steady source of income.
The PMEGP, a central government scheme aimed at fostering micro‑enterprise and self‑employment, provides financial assistance and training to aspiring entrepreneurs. The student secured the required subsidy and loan, set up the business, and began hiring residents from the surrounding community.
Local officials noted that the initiative not only creates direct employment but also stimulates ancillary activities in the village, such as transport and supply services. The entrepreneur hopes to expand the operation further, potentially increasing the number of beneficiaries in the coming months.
The success story underscores the impact of government schemes when combined with youthful entrepreneurship, highlighting a model that could be replicated in other rural parts of the state.
The PMEGP, a central government scheme aimed at fostering micro‑enterprise and self‑employment, provides financial assistance and training to aspiring entrepreneurs. The student secured the required subsidy and loan, set up the business, and began hiring residents from the surrounding community.
Local officials noted that the initiative not only creates direct employment but also stimulates ancillary activities in the village, such as transport and supply services. The entrepreneur hopes to expand the operation further, potentially increasing the number of beneficiaries in the coming months.
The success story underscores the impact of government schemes when combined with youthful entrepreneurship, highlighting a model that could be replicated in other rural parts of the state.