A) Prime Minister Employment Generation Programme (PMEGP)
It is one of the largest sources for employment generation.
Implementing Agencies and Area:
KVIC and KVIB in rural area of the country and DICs in both rural and urban areas of the country.
Maximum Project Size:
Rs. 25.00 lakh for manufacturing sector and Rs. 10.00 lakh for service sector.
Minimum Class-VIII pass for the project cost above Rs. 10.00 lakh under manufacturing sector and above Rs. 5.00 lakh project cost under service sector.
How to apply:
The scheme will be advertised through print and electronic media. The beneficiary have to submit online application (kviconline.gov.in) along with project documents at nearest KVIC/KVIB/DIC/Bank offices.
- Educational Qualification Certificate.
- ST/SC certificate if the applicant is ST and SC.
- Rural Area Certificate.
- Adhaar Card or Pan Card
- Project Profile
|Categories of beneficiaries under PMEGP||Owner’s contribution(of project cost)||Rate of subsidy (of project cost)|
|Area (location of project/unit)||Urban||Rural|
|Special category ( including SC/ST/OBC/Minorities/woman, Serviceman Physical handicapped, NER, Hill and Border Areas etc.||5%||25%||35%|
The balance amount of the total project cost will be provided by the banks as term loan as well as working capital.
Eligibility conditions of beneficiaries
Any individual, above 18 years of age. The beneficiaries should posses at least VIII standard pass educational qualification and Self Help Group Account. The Institutions should be registered under Societies Registration Act 1860 and Charitable Trust.