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Key Points

Shambhu Kumar from Bihar has become a remarkable success story through the Pradhan Mantri Employment Generation Programme. His small readymade garment business transformed after receiving a subsidized loan of Rs 25 lakh. By creating employment for 35 people and expanding his production, he has become an inspiration for local youth. His journey demonstrates how government schemes can empower first-generation entrepreneurs in rural India.

Key Points: Shambhu Kumar Bihar Entrepreneur Transforms Life via PMEGP Scheme

  • PMEGP loan enables Rs 25 lakh business expansion
  • Created employment for 35 people including 20 women
  • Monthly income increased by 50-60,000 rupees
  • Supplies readymade garments across multiple districts
2 min read

Bihar's Shambhu Kumar becomes shining example of PMEGP's success

Bihar's Shambhu Kumar builds successful garment business with PMEGP loan, creating 35 jobs and inspiring local youth entrepreneurship

"Earlier people of Bihar used to go to Delhi-Gujarat for employment, now they are living a respectable life in their state - Shambhu Kumar"

Patna, April 28

Shambhu Kumar, the director of 'Jai Mata Di Samridhi Industries' at Ramchandrapur Nala Road in Bihar Sharif district has turned his dreams into reality, with the assistance received under the Pradhan Mantri Employment Generation Scheme (PMEGP).

Today, his success as a first-generation entrepreneur has become a talking point in the village and is inspiring many youths to emulate the same.

Shambhu Kumar, who started a small business of readymade garments three years ago, received a loan of Rs 25 lakh under the PMEGP scheme. The subsidised loan provided a much-needed impetus to his business and helped it expand greatly.

Speaking to IANS, he said that more than 35 people are employed in his factory, including 20 women and 15 men. All of them prepare half pants, pyjamas and other readymade clothes, which are then supplied to other districts of the state and districts like Kishanganj, Bettiah, Purnia, Katihar and Dhanbad in Jharkhand.

Sharing his journey, he said that after getting the loan, the arrangement of machines and raw materials became easy, due to which production increased. Today, he claims that his monthly income has increased by 50-60,000 rupees.

The small-scale entrepreneur also informed on how the entire loan amount was repaid.

Expressing gratitude towards Prime Minister Narendra Modi for public welfare schemes, he said that earlier people of Bihar used to go to Delhi-Gujarat for employment, now they are living a respectable life in their state only.

Notably, the Prime Minister's Employment Generation Programme (PMEGP) is being implemented by the Ministry of MSME for assisting entrepreneurs in setting up of new micro units in the non-farm sector.

It aims to provide employment opportunities to traditional artisans/rural and urban unemployed youth at their doorstep and has also met with remarkable success in the past few years.

- IANS

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Reader Comments

R
Rahul K.
This is so inspiring! 👏 More power to Shambhu Kumar and his team. Stories like these show how government schemes can truly transform lives when implemented properly.
P
Priya M.
Love seeing women getting employment opportunities in rural areas! 20 women employed is no small feat. Hope more entrepreneurs follow this path.
A
Amit S.
While this is a great success story, I wonder how many applicants actually get approved for PMEGP loans? The approval process needs to be more transparent and accessible to all deserving candidates.
S
Sunita R.
My cousin also got a PMEGP loan last year for his dairy business. These schemes are game-changers for small towns! More awareness campaigns are needed though - many people don't know about them.
V
Vikram J.
Repaying the entire loan amount is impressive! Shows real business acumen. Hope he continues to grow and maybe even starts exporting someday.

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