Prime Ministers Employment Generation Programme (PMEGP)
Scheme Objective
Prime Minister?s Employment Generation Programme (PMEGP) is a credit-linked subsidy programme aimed at generating self-employment opportunities through establishment of micro-enterprises in the non-farm sector by helping traditional artisans and unemployed youth
Eligibility Criteria
- AgeAbove 18 Years
- Education
QualificationVIII Std. pass required for project above Rs.10.00 lakhs in manufacturing and above Rs. 5.00 lakhs for Service Sector
- Technical
QualificationNA
- CategoryNA
- APL/BPLNA
Scheme Under Department
About Scheme
NA
-
Project Outlay (Max.)
Maximum size of the project:₹25,00,000
-
Loan Limit
90% for beneficiary of General category and 95% for SC,ST,
Other backward, Minority, Women, Ex-Military Person
Physically handicapped
-
Margin Money
General Category- 15% for urban, 25% for rural Special Category- 25% for urban, 35% for rural
-
Selection Process
Selection of beneficiary is done by district level work team organized
under the chairmanship of District magistrate.
-
Sanctioning/Recommending Authority Deptt.
District Social Welfare Officer