Launched in August 2008, Prime Minister's Employment Generation Programme (PMEGP) is a credit-linked subsidy scheme, administered by the Ministry of Micro, Small and Medium Enterpr...
Department: · Level: central
> **Funds under PMEGP Scheme will be available under two major heads:** **1. Margin Money Subsidy** a) Funds will be allocated under annual Budget Estimates toward disbursement of Margin Money (subsidy) for setting up new micro-enterprises/units; and b) From the funds allocated under BE for the Margin Money subsidy, â‚ą 100 Crores or as approved by the competent authority will be earmarked for each FY towards disbursement of Margin Money (subsidy) for the upgradation of existing PMEGP/REGP/MUDRA units. **2. Backward and Forward Linkages** 5% of the total allocation under BE for a Financial Year against PMEGP, or as approved by the competent authority, shall be earmarked as funds under Backward and Forward Linkages and will be utilized for arranging awareness camps, State/District level monitoring meetings, Workshops, Exhibitions, Bankers meetings, TNDA, Publicity, Entrepreneurship Development Programme (EDP) training, Physical verification & Geo-tagging, Evaluation & impacts Assessment study, Setting of Entrepreneurship Facilitation Centre (EFC), Center of Excellence (CoE), Engagement of Field Experts and Data Entry Operators (DEOs), Creation and Upgradation of IT infr...
> **For PMEGP new enterprises (Units)** 1. Any individual, above 18 years of age. 1. There will be no income ceiling for assistance in setting up projects under PMEGP. 1. For setting up of project costing above Rs.10 lakh in the Manufacturing sector and above â‚ą 5,00,000 in the Business /Service sector, the beneficiaries should possess at least VIII standard pass educational qualification. 1. Assistance under the scheme is available only for new projects sanctioned specifically under the PMEGP. 1. Existing Units (under PMRY, REGP, or any other scheme of the Government of India or State Government) and the units that have already availed of Government Subsidy under any other scheme of the Government of India or State Government are not eligible. > **For up-gradation of existing PMEGP / REGP / MUDRA units** 1. Margin Money(subsidy)claimed under PMEGP has to be successfully adjusted on the completion of the lock-in period of 3 years. 1. The first loan under PMEGP/REGP/MUDRA has to be successfully repaid in the stipulated time. 1. The unit is profit-making with good turnover and has the potential for further growth in turnover and profit with modernization/upgrading of the...
**Online** 1. **Application For New Unit:** - Visit the official website [https://www.kviconline.gov.in/pmegpeportal/pmegphome/index.jsp](https://www.kviconline.gov.in/pmegpeportal/pmegphome/index.jsp).- Click on the “Apply” button under the “Application For New Unit” tab . - Furnish all the required details on [https://www.kviconline.gov.in/pmegpeportal/jsp/pmegponline.jsp](https://www.kviconline.gov.in/pmegpeportal/jsp/pmegponline.jsp) and click on Save Applicant Data.- On the next page, upload the required documents and proceed for final submission. 2. **Application For Existing Units (2****nd** **Loan):** - Visit the official website [https://www.kviconline.gov.in/pmegpeportal/pmegphome/index.jsp](https://www.kviconline.gov.in/pmegpeportal/pmegphome/index.jsp).- Click on the “Apply” button under “Application For Existing Units (2nd Loan)” tab. - Click on the Online Application tab and fill the complete form on : [https://www.kviconline.gov.in/pmegpeportal/pmegpIILOAN/index.jsp](https://www.kviconline.gov.in/pmegpeportal/pmegpIILOAN/index.jsp).- Complete the form and click on Next page, upload the required documents and proceed for final submission. 3. **Login Form For Regis...