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Prime Minister Employment Generation Programme (PMEGP) 2020: Online Registration, Objectives, Eligibility & Benefits

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Short Info: प्रधानमंत्री रोजगार सृजन कार्यक्रम योजना ऑनलाइन आवेदन / पी एम ई जी पी लोन योजना एप्लीकेशन फॉर्म रजिस्ट्रेशन – [Apply Online] Prime Minister Employment Generation Programme (PMEGP) 2020 In Hindi – PMEGP Loan Scheme Online Registration, Application Form PDF Download, Eligibility, PMEGP Bank Loan List, Beneficiary List, Payment/ Amount Status, Features, Benefits and Check Online Application Status at Official Website www.kviconline.gov.in.

Short Scheme Details:
Name of Scheme Prime Minister Employment Generation Programme
Application Status Active
Scheme Benefit Welfare schemes for vulnerable sections of the population
Scheme Published On 10/20/2020
Scheme Updated on 11/27/2020

Table of Content

प्रधानमंत्री रोजगार सृजन कार्यक्रम योजना 2020: PMEGP Loan Scheme List, Application Status News Update

Latest News Update:
  • PMEGP: PM Modi’s pet scheme disbursed 83% applications in FY21 so far to set-up new enterprises. News Source: financialexpress.com

Prime Minister Employment Generation Programme 2020 Apply Online

Summary: Prime Minister’s Employment Generation Programme (PMEGP) is implemented by the Ministry of Micro, Small and Medium Enterprises (MSME) and is a central sector scheme. Under this scheme, loans ranging from Rs. 10 to Rs. 25 lakh for unemployed youth of the country to start their own employment.

The scheme is implemented by Khadi and Village Industries Commission (KVIC) as the nodal agency at the national level. At the state level, the scheme is implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs) and District Industries Centres (DICs) and banks.

The Government subsidy under the scheme is routed by KVIC through the identified banks for eventual distribution to the beneficiaries/entrepreneurs into their bank accounts.

All Applicants who are willing to apply online application then download the official notification and read all eligibility criteria and application process carefully. We will provide short information about “Prime Minister Employment Generation Programme 2020” like Scheme Benefit, Eligibility Criteria, Key Features of Scheme, Application Status, Application process and more.

Prime Minister Employment Generation Programme 2020 – Overview
Name of Scheme Prime Minister Employment Generation Programme (PMEGP)
in Language प्रधानमंत्री रोजगार सृजन कार्यक्रम योजना
Launched by By the central government
Beneficiaries The unemployed youth of the country
Major Benefit Welfare schemes for vulnerable sections of the population
Scheme Objective Loan for employment
Scheme under State Government
Name of State All India
Post Category Scheme/ Yojana/ Yojna
Official Website www.kviconline.gov.in
Important Dates
Event Dates
Starting Date to Apply Online
Last Date to Apply Online
Important Links
Event Links
PMEGP Apply Online Registration | Login
Online Application form for Individual Click Here
Online Application form for Non-Individual Click Here
Feedback form for Applicant Click Here
PMEGP BANK LOGIN https://www.kviconline.gov.in/pmegpeportal/bankModule/index.jspClick Here
Prime Minister Employment Generation Programme 2020 Official Website

PMEGP Yojana Online Registration Process

The Modi government’s flagship Prime Minister’s Employment Generation Programme (PMEGP) has disbursed 83 per cent of the applications for margin money claim so far in the current financial year to set-up new micro-enterprises across the country, as per the government data available.

The State/Divisional Directors of KVIC in consultation with KVIB and Director of Industries of respective states (for DICs) will give advertisements locally through print & electronic media inviting applications along with project proposals from prospective beneficiaries desirous of establishing the enterprise/ starting of service units under PMEGP.

The beneficiaries can also submit their application online at https://www.kviconline.gov.in/pmegpeportal/pmegphome/index.jsp and take the printout of the application and submit the same to respective offices along with Detailed Project Report and other required documents.

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All Eligible Applicants who want to apply this scheme then read all instructions carefully and follow the given below steps to apply online application form:

Procedure to Apply Online PMEGP Scheme Application Form 2020

Step 1- Visit the Official Website of Prime Minister Employment Generation Programme i.e. www.kviconline.gov.in.

Step 2- On the Homepage, Click on the Option “PMEGP Option” button.

Step 3- On this page you will see the option of PMEGP E -Portal.

Step 4- After that, you have to click on the option of Online Application Form of Individual .

Step 5- Application Form page will be displayed on the screen.

Step 6- Now, Fill out the entire form by entering details like name, sponsoring agency, type of activity, first financing bank and so on.

Step 7- When completed, click on ‘save applicant data’

Step 8- Then, upload documents and prepare for final submission.

Step 9- Click on Submit Button for the final submission of the application.

Step 10- Post final submission, you will get an application ID and a password sent to your registered mobile number.

Step for PMEGP Scheme Feedback

Step 1- Visit the Official Website of Prime Minister Employment Generation Programme i.e. www.kviconline.gov.in.

Step 2- On the Homepage, click on the link for the feedback form for applicant .

Step 3- On this page you will see the option of PMEGP E -Portal.

Step 4- After that, you have to click on the option of Online Application Form of Individual .

Step 5- Feedback Form page login will be displayed on the screen.

Step 6- Now, you will have to login by filling in your ID and password.

Step 7- You have to fill all the information asked in the feedback form with your feedback.

Step 8- After that you have to click on submit button.

Step to apply for a non-individual

Step 1- Visit the Official Website of Prime Minister Employment Generation Programme i.e. www.kviconline.gov.in.

Step 2- On the Homepage, Click on the Option “PMEGP Option” button.

Step 3- On this page you will see the option of PMEGP E -Portal.

Step 4- After that, you have to click on the link for the online application form for non-individual.

Step 5- Now, you have to select according to your category.

Step 6- Application Form page will be displayed on the screen.

Step 7- Now, Fill out the entire form by entering details like name, sponsoring agency, type of activity, first financing bank and so on.

Step 7- When completed, click on ‘save applicant data’

Step 8- After this you will have to upload all important documents.

Step 9- Click on Submit Button for the final submission of the application.

In this way your application process will be done successfully.

Procedure to apply for a second loan

Step 1- Visit the Official Website of Prime Minister Employment Generation Programme i.e. www.kviconline.gov.in.

Step 2- On the Homepage, click on the link for the feedback form for applicant .

Step 3- On this page you will see the option of PMEGP E -Portal.

Step 4- After that, you have to select the online application link.

Step 5- Application Form page will be displayed on the screen.

Step 6- Now, You have to fill all the important information asked in this form.

Step 7- Now you have to upload all important documents.

Step 8- After that you have to click on submit button.

In this way you will be able to apply for another loan.

Required Document for PMEGP Loan Scheme

Important Document to Apply Online
  • Applicant’s Aadhar Card
  • Pan Card
  • caste certificate
  •  residence certificate
  • Certificate of educational qualification
  • mobile number
  • Passport size photo

PMEGP Eligibility Criteria

PMEGP Beneficiary Guidelines
  • Any individual, above 18 years of age.
  • Only new projects/units are considered for sanction of loans.
  • Institutions registered under Societies Registration Act, 1860. Production Co-operative Societies and Charitable Trusts are also eligible.
  • Self-help groups that have not availed benefits under any other public scheme, societies, production co-operative societies, and charitable trusts.
  • The beneficiary individual must be at least 8th standard pass for setting up for projects costing above Rs 10 lakh in the manufacturing sector and above Rs 5 lakh in the business or service sector.

Who are not eligible?

Existing Units (under PMRY, REGP or any other scheme of Government of India or State Government) and the units that have already availed Government Subsidy under any other scheme of Government of India or State Government are NOT eligible.

PMEGP 2020: Online Application Form, PMEGP application status

ABOUT SCHEME
Prime Minister Employment Generation Programme 2020: Online Application Form PDF Download PMEGP application status– The Prime Minister’s Employment Generation Programme (PMEGP) is a credit linked subsidy programme initiated in 2008. It integrated two earlier schemes, viz. Prime Minister’s Rojgar Yojana (PMRY) and the Rural Employment Generation Programme (REGP) that were working along similar lines to generate employment among the youth. The approval of projects under the Prime Minister’s Employment Generation Program (PMEGP) increased 44% during the first five months (April – August) of the financial year 2020-21.

What is the PMEGP loan interest rate?

Loans under the PMEGP scheme incur regular interest rates between 11 and 12%.

What are the main PMEGP loan details?

  • Banks sanction funding up to 90% to 95% of the project cost.
  • On this, the government provides 15% to 35% as margin money or PMEGP subsidy.
  • The remaining 60% to 75% is provided by the bank as a term loan.
  • Interest rates are regular, from 11% to 12%.
  • Repayment tenor is 3 to 7 years after a preliminary moratorium.

Applicant applying under this scheme should be over 18 years of age.

  • Maximum Cost of Project/Unit Admissible:
    • Manufacturing Sector: Rs. 25 lakh
    • Service Sector: Rs.10 lakh
  • Government Subsidy:
    • Rural Areas: 25% for general category and 35% for special category, which includes SC/ST/OBC/Minorities, NER, Hill and Border Areas.
    • Urban Areas: 15% for general category and 25% for special category.
  • Role of Banks: Loans are provided by Public Sector Banks, Regional Rural Banks, Co-operative Banks and Private Scheduled Commercial Banks approved by respective State Task Force Committee.

Implementation of the scheme:

At the national level, the scheme is implemented by Khadi and Village Industries Commission (KVIC) functioning as the nodal agency.

At the state level, the scheme is implemented through the channel of State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs), District Industries Centres (DICs), and banks.

National Level- Khadi and Village Industries Commission (KVIC) as the nodal agency.

State Level- State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs), District Industries Centres (DICs) and banks.

What kind of industries can the PMEGP Scheme 2020 set up

  • Forest based industry
  • Mineral based industry
  • food industry
  • Agricultural based
  • Engineering
  • Chemical based industry
  • Textile industry (excluding khadi)
  • Service industry
  • Non-conventional energy

List of caste / category applicants

  • Scheduled Caste (SC)
  • Former serviceman
  • Scheduled Tribes (ST)
  • Disabled
  • Other Backward Classes (OBC)
  • People of north eastern state
  • Minority
  • People living in border areas and hills
  • Women

PMEGP Scheme 2020 Status

Applications received 193330
Sanctioned by bank 13837
Margin money release 12209
Forwarded to banks 116401
Margin money claimed 15008

Nature of Assistance : PMEGP subsidy claim

The maximum cost of the project/unit admissible in manufacturing sector is Rs.25 lakhs and in business/service sector is Rs.10 lakhs.

Levels of funding under PMEGP:

Categories of Beneficiary’s under PMEGP                         Beneficiaries contribution (of project cost) Rate of subsidy (of project cost)     
Area (location of

project/unit)

Urban Rural
GENERAL CATEGORY 10% 15% 25%
Special (including SC/ST/

OBC/ Minorities

/Women,

Ex-servicemen,

Physically

handicapped, NER,

Hill and Border

areas, etc.)

5% 25% 35%

The balance amount of the total project cost will be provided by the banks as term loan and working capital.

Objectives of Prime Minister Employment Generation Programme 2020

SCHEME OBJECTIVE
  • To produce employment opportunities in both urban and rural areas in India through the establishment of new self-employment projects, micro-enterprises and ventures.
  • To provide continuous and sustainable employment to a large segment of traditional and prospective artisans and unemployed youth, so as to help arrest migration of rural youth to urban areas.

Major Benefits

BENEFICIARY BENEFITS
  • The maximum cost of the project/unit admissible in manufacturing sector is ₹ 25 lakhs and in the business/service sector, it is ₹ 10 lakhs.
  • Categories of Beneficiary’s Rate of subsidy under PMEGP (of project cost)
  • Area (location of project/unit) General category 15%(Urban), 25%(Rural), Special 25%(Urban), 35%(Rural)
  • (including SC/ ST/ OBC/ Minorities/Women, Ex-servicemen, Physically handicapped, NER, Hill and Border areas, etc.)
  • The balance amount of the total project cost will be provided by the banks in the form of term loan and working capital.

Key Features of Scheme

SCHEME FEATURES
  • It is administered by the Ministry of Micro, Small and Medium Enterprises (MSME).
  • The projects record a 44% implementation jump.
  • Only new projects are considered for sanction under PMEGP.
  • There is no income ceiling for setting up projects
  • Maximum project cost Rs 10 lakh in the service sector and Rs 25 lakh in the manufacturing sector is this limit.
  • The per capita investment under the scheme should not exceed Rs 1 lakh in plain areas and Rs 1.5 lakh in hilly areas.
  • The normal interest rate is applicable to the enterprise from time to time. The Repayment Schedule ranges from 3 -7 years.

Helpline Number 

HELPLINE NUMBER & CONTACT ADDRESS
State Director, KVIC
Address available at http://www.kviconline.gov.in
Dy. CEO (PMEGP), KVIC, Mumbai
Ph: 022-26711017
Email: ykbaramatikar[dot]kvic[at]gov[dot]inContact List: Click Here

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