Sakshi Education
PMEGP scheme is a Credit linked subsidy scheme with the objective to create self employment opportunities and generate employment for rural and unemployed youth
Objective of PMGEP Scheme: To create self-employement opportunities and generate employement for rural and unemployed youth.
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Key Benefits:
- Bank-financed subsidy programme for setting up new micro-enterprise in non-farm sector.
- Margin money subsidy on bank loan ranges from 15% - 35% for projects upto Rs. 50 lakh in manufacturing and Rs. 20 lakh in service sector.
- For beneficiaries belonging to special category such as SC/ST/Women/Minorities/Ex-servicemen / Transgender / Aspirational districts/ NER, the margin money subsidy is 35% in rural areas and 25% in urban areas.
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Eligibility for PMGEP Scheme: Any individual above 18 years age can apply.
How to Apply: Visit https://www.kviconline.gov.in/pmegpeportal/pmegphome/index.jsp and apply
Published date : 06 Sep 2022 12:32PM
