The equations of motion are the Euler-Lagrange equations of the action functional. We have that
$$ S_\text{P}(X,h_c) = S_\text{NG}(X),$$
where $h_c$ is the solution to the equation of motion of the worldsheet metric, and we know that $S_\text{P}(X,h_c)$ is a stationary point of $S_\text{P}$ in the space of all possible $h$s since the E-L equations are just the equations for stationary points in field space.
If you now examine small perturbations around $h_c$ and you find that $S_\text{P}(X,h_c + \delta h) \geq S_\text{P}(X,h_c)$, then the stationary point is a minimum, and therefore
$$ S_\text{P}(X,h)\geq S_\text{P}(X,h_c) = S_\text{NG}(X).$$