Prime Minister’s Employment Generation Programme (PMEGP) - Muftsarkarinaukri - Latest Government Jobs & Updates.


Wednesday, May 13, 2020

Prime Minister’s Employment Generation Programme (PMEGP)

Prime Minister’s Employment Generation Programme (PMEGP) is a credit linked subsidy programme administered by the Ministry of Micro, Small and Medium Enterprises, Government of India. Khadi & Village Industries Commission (KVIC), is the nodal agency at national level for implementation of the scheme. At state level the scheme is implemented through KVIC, KVIB and District Industries center.

Prime Minister’s Employment Generation Programme (PMEGP)

Objective :

  • To generate employment opportunities in rural as well as urban areas through setting up of self employment ventures.
  • To provide continuous and sustainable employment to a large segment of traditional and prospective artisans and unemployed youth, so as to help arrest migration of rural youth to urban areas.

Scope Of PMEGP :

  • The scheme is applicable to all viable (technically as well as economically) projects in rural as well as urban areas, under Micro enterprises sector.
  • The maximum cost of the project admissible under manufacturing sector is Rs.25 lakhs and business/services sector is RS.10 lakhs.
  • Only one person from family is eligible for obtaining financial assistance under the scheme.
  • Assistance under the Scheme is available only for new projects
  • The assistance under the scheme will not be available to activities indicated in the negative list under the scheme.

Eligible Entrepreneurs / Borrowers :

  • Any individual, above 18 years of age
  • The beneficiaries should have passed at least VIII standard, for setting up of project costing above Rs.10 lacs in the Manufacturing Sector and above Rs. 5 lacs in the business /Service Sector,
  • Self Help Groups (including those belonging to BPL provided that they have not availed benefits under any other Scheme).
  • Institutions registered under Societies Registration Act,1860
  • Production Co-operative Societies
  • Charitable Trusts.

Note :

Existing units (Under PMRY,REGP or any other scheme of Government of India or State Government) and the units that have already availed Government Subsidy under any other scheme of Government of India or State Government are not eligible.

Selection of beneficiaries :

The beneficiaries will be identified & selected at the district level by a Task Force consisting of representatives from KVIC/State KVIB/ State DICs and Banks and headed by the District Magistrate / Deputy Commissioner / Collector concerned.
General Category beneficiary / institution : 
Bank finance : 90 %
Subsidy from KVIC :
Urban area : 15% Rural Area : 25%
Promoter's contribution : 10 %
Special category beneficiary/institution :
Bank finance : 95 %
Subsidy from KVIC :
Urban area : 25% Rural Area : 35%
Promoter's contribution : 5 %

Security :

  • Assets created out of the bank's finance.
  • Personal guarantee of the proprietor / promoter.
  • No collateral security up to Rs. 5 lakhs.
  • Eligible units will be covered under Credit Guarantee Fund scheme for Micro & small Enterprises – CGMSE. (excluding Margin Money / subsidy component).

Guidelines for Filling the Online PMEGP Application

(1) Aadhaar Number : 12 digit Aadhar number of the applicant should be filled in.

(2) Name of Applicant : (i) Select prefix of name from the list, (ii) The applicant should fill his/her name exactly as it appears in the Aadhaar Card. In case of any mismatch in the name entered, the applicant will not be able to fill the form further.

Sponsoring Agency : Select Agency (KVIC, KVIB, DIC) in which you want to submit the application form.

(4) State : Select State from the list.

(5) District : Select District from the list.

(6) Sponsoring Office : Select Office from the list.

(7) Legal Type :This Form is pertaining to Individual Applicant.

(8) Gender : Select Gender (i.e. Male, Female, Transgender)

(9) Date of Birth : (i) Date of Birth must be fill in the format of (DD-MM-YYYY) e.g. 15-12-1991. (ii) Age : Age should not less than 18 years. As soon as Date of Birth is entered the age will calculate dynamically.

Social Category : Select Social Category of the applicant from the list (i.e. General, Other Backward Caste, Scheduled Caste, Scheduled Tribe, Minority)

Special Category : Select Special Category from the list (i.e. Ex-serviceman, Physically Challenged, Hill Border Area, North East Area)

11) Qualification : Select qualification from the list (i.e. 8th Pass, Under 8th, 10th Pass, 12th Pass, Graduate, Post Graduate, PHD, Diploma).

(12) Address for Communication: The Applicant should fill the complete postal address of the applicant including State, District, Pin Code, Mobile No., Email and PAN No.

(13) Unit Location : Select Unit Location (i.e. Rural OR Urban).

(14) Proposed Unit Address : The Applicant should fill the complete Unit address of the unit including Taluka, District, Pin Code (If Unit Address is same as Communication Address then click on communication Address to Unit Address).

(15) Type of Activity : Select from the activity list (i.e. Service or Manufacturing).

(16) Name of the Activity : (i) Industry : Select Industry from the List of Industry (ii) Product Description : Type the specific product description.

(17) Whether EDP Training Undergone : Select Yes Or No from the List .

(18) Training Institute's Name : If EDP Training Undergone YES, enter Training Institute Name in detail.

(19) Loan Required : (i) Capital Expenditure : Enter CE loan as proposed in the DPR in rupees. (ii) Working Capital : Enter WC loan as proposed in the DPR in rupees. (iii) Total Loan : The total loan will be calculated by the system automatically.

(20) Bank Details : (i) Enter IFSC code (ii) if IFSC code is not known then click on GET IFSC CODE button and select correct IFSC Code of Financing Bank. (iii) Enter optional Bank IFSC code.

(21) 2nd Financial Bank : Enter IFSC Code of the 2nd Financing Branch which is optional.

After entering all necessary information in the appropriate field Click On "Save Applicant Data" button to Save the Details.

->After "Save Applicant Data" , you need to Upload documents for final submission of application.
->After Final Submission of Application , Applicant ID and password will be sent to your registered Mobile No.