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CMEGP Scheme PDF Pdf Details
CMEGP Scheme PDF Free Download
No. of Pages : 19
PDF Size : 1.08MB
Language : English
Category : Government
Source : maha-cmegp.gov.in

CMEGP Scheme

The Directorate of Industries (DOI), which is under the administrative control of the Maharashtra Government’s Industries Department, will enforce and oversee the CMEGP Scheme.

District Industries Centers (DICs), Maharashtra State Khadi, and Village Industries Centers (VICs) will introduce the CMEGP Scheme.

Banks and the Directorate of Industries also have jurisdiction over Industry Boards (KVIB).

Objectives of the CMEGP Scheme

CMEGP’s aim is to create 100,000 micro and small businesses in the next five years, providing jobs for 8-10 lakh young people in the state. The goal for the first fiscal year of 2019-20 is to create 10,000 new businesses in the state.

The Directorate of Industries (DOI) will allocate district-wise targets to both the District Industries Centers (DICs) and Maharashtra State Khadi and Village Industries Boards (KVIB) to achieve this goal in rural and urban areas, depending on the district’s backwardness, unemployment, availability of capital, upcoming technologies, and population, among other factors.

Eligibility Criteria for the CMEGP Scheme

  • Any person between the ages of 18 and 45. The age limit for the Special category (which includes SC/ST/Women/Ex-servicemen/Differently Abled) is lowered by 5 years.
  • The applicant(s) must be Maharashtra residents. The applicant must have a domicile certificate if he or she was born outside of Maharashtra.
  • There will be no income limit for those who are eligible for financial assistance.
  • Proprietorship, Partnership, and Self-Help Groups (SHGs) registered with respective authorities are among the constitutions liable for establishing new units/ventures under the scheme.
  • For projects/units costing between Rs.10 lakh and Rs.25 lakh, the applicant must have completed at least 7th grade, and for projects/units costing more than Rs.25 lakh, the applicant must have completed at least 10th grade.
  • The scheme would only be available to one member of a family. (Self and spouse are included in the definition of family.)
  • Only new projects/ventures are eligible for assistance under the Scheme.

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