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PMEGP Project List 2021 PDF Details
PMEGP Project List 2021 PDF Free Download
PDF Name
PMEGP Project List 2021
No. of Pages 16
PDF Size 491KB
Language  English
Category Government
Source pdfhunter.com

PMEGP Project List 2021

If you are looking for a loan to start your business, you can check into government programmes that may provide you with a sum of money to invest in your firm as a subsidy. By combining the two schemes, Prime Ministers Rojgar Yojana (PMRY) and Rural Employment Generation, the Indian government has introduced a new credit-linked subsidy programme known as Prime Ministers Employment Generation Programme (PMEGP). Beneficiaries might get 15-35 percent of the project cost from the government under this programme.

Financial Assistance Levels of funding under PMEGP:

Categories of beneficiaries
under PMEGP
Beneficiary‟s contribution
(of project cost)
Rate of Subsidy
(of project cost)
Area (location of project/unit)Urban       Rural
General Category10%15%            25%
Special (including SC / ST /
OBC /Minorities/Women, Exservicemen, Physically
handicapped, NER, Hill and
Border areas etc.
05%25%            35%

Note:

(1) In the manufacturing sector, the maximum cost of a project/unit is Rs. 25 lakh.
(2) The maximum project/unit cost that can be claimed under the business/service sector is Rs. 10 lakh.
(3) Banks will provide the remaining portion of the overall project cost as a term loan.

PMEGP Project List 2021 PDF

Beneficiary Eligibility Criteria:

(i) Any person over the age of eighteen.

(ii) There will be no revenue ceiling for project start-up assistance under the PMEGP.

(iii) In order to set up a project costing more than Rs.10 lakh in the manufacturing sector and more than Rs.5 lakh in the business/service sector, the beneficiaries must have completed at least an eighth-grade education.

(iv) Only new projects sanctioned explicitly under the PMEGP are eligible for assistance under the Scheme.

(v) Self-Help Groups (including BPL groups) are also eligible for help under the PMEGP if they have not received benefits under any other scheme.

(vi) Societies that have been registered under the Societies Registration Act of 1860.

(vii) Production Cooperative Societies.

(viii) Charitable Trusts.

Existing units (under PMRY, REGP, or any other Government of India or State Government plan) and units that have previously received Government Subsidy under any other Government of India or State Government programme are not eligible.

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