India, May 15 -- Six people were arrested by Greater Noida police on Thursday for allegedly duping people on the pretext of providing loans under the Prime Minister's Employment Generation Programme (PMEGP), officials said.

The PMEGP is a government scheme that helps people start small businesses and self-employment projects. Under this scheme, financial support is provided in the form of subsidies and bank loans to people who want to start new businesses in the manufacturing, service, or trade sectors.

Police conducted a raid following a tip-off about a gang involved in duping people under the PMEGP scheme and operating in a Greater Noida's Sector 1 high-rise. "A police team raided the spot on Thursday around 11.30 pm and arrested the ...