Information's - Career Corner

Index :
Udiyaman Swanirbhar Karmasansthan Prakalpa (USKP)” 2008
Bangla Swanirbhar Karmasansthan Prakalpa (B.S.K.P)
Prime Minister’s Employment Generation Programme (PMEGP)
Self Employment Schemes under West Bengal Minorities Development & Finance Corporation (WBMDFC.)
Swarna-Jayanti Sahari Rojgar Yojana (SJSRY)
Swarna-Jayanti Gram Swarojgar Yojana (SGSY)
Special Component Plan (SCP) and Tribal Sub Plan (TSP)
Prime Minister’s Employment Generation Programme (PMEGP)
Government of India has approved the introduction of a new credit linked subsidy programme called Prime Minister’s Employment Generation Programme (PMEGP) by merging the two schemes that were in operation till 31.03.2008 namely Prime Minister’s Rojgar Yojana (PMRY) and Rural Employment Generation Programme (REGP) for generation of employment opportunities through establishment of micro enterprises in rural as well as urban areas.
Implementing Authority :
The scheme will be implemented by Khadi and Village Industries Commission (KVIC), a statutory organization under the administrative control of the ministry of MSME as the single nodal agency at the National level. At the State level the scheme will be implemented through state KVIC Directorates, State Khadi and Village Industries Boards (KVIBS) and District Industries Centers (DICs) and banks. .
The maximum limit of loan available under the scheme :
Levels of funding under PMEGP
Categories of beneficiaries under PMEGP Owner’s contribution Rate of subsidy (of cost of project)
Area   Urban Rural
General 10% 15% 25%
Special (including SC/ STs/ OBCs/ minorities/ women, ex-servicemen, physically handicapped, hill and border areas 05% 25% 35%
The maximum cost of the project/unit admissible under manufacturing sector is Rs. 25 lakh. (2) the maximum cost of the project/unit admissible under business/service sector is Rs. 10 lakh. (3) the balance amount of the total project cost will be provided by banks as term loan.

The government subsidy under the scheme will be routed by KVIC through the identified banks for eventual distribution to the beneficiaries / entrepreneurs in their bank accounts. The implementing agencies, namely KVIC, KVIBS and DICs will associate reputed non government organization (NGOs)/reputed autonomous institutions/self help groups /National Small Industries Corporation (NSIC) / Udyami Mitras empanelled under Rajiv Gandhi Udyami Mitra Yojana (RGUMY), panchayati raj institutions and other relevant bodies in the implementation of the scheme, especially in the area of identification of beneficiaries, of area specific viable projects, and providing training in entrepreneurship development.
Eligibility :
• Any individual, above 18 years of age
• There will be no income ceiling for assistance for setting up projects under PMEGP
• For setting up of project costing above Rs.10 lakh in the manufacturing sector and above Rs. 5 lakh in the business /service sector, the beneficiaries should possess at least 8th standard pass educational qualification.
• Assistance under the scheme is available only for new projects sanctioned specifically under the PMEGP.
• Self help groups (including those belonging to BPL provided that they have not availed benefits under any other scheme) are also eligible for assistance under PMEGP.
• Institutions registered under societies registration act,1860; production co-operative societies, and charitable trusts, existing units and the units that have already availed government subsidy under any other scheme of government of India or State Government are not eligible.
How to apply :
The identification of beneficiaries will be done at the district level by a task force consisting of representatives from KVIC/state KVIB and state DICs and banks. The task force would be headed by the district magistrate / deputy commissioner / collector concerned. The bankers should be involved right from the beginning to ensure that bunching of applications is avoided. However, the applicants, who have already undergone training of at least 2 weeks under entrepreneurship development programme (EDP) / skill development programme (SDP) / entrepreneurship cum skill development programme (ESDP) or vocational training (VT) will be allowed to submit applications directly to banks.