Prime Minister Employment Generation Programme ( PMEGP):
The Ministry of MSME has been implementing a flagship credit linked subsidy programme called Prime Ministers Employment Generation Programme (PMEGP). Under one umbrella KVIC, KVIB & DI&CC is also acting as the implementing agency for the programme . The KVIC is playing as nodal agency providing subsidy to the borrowers through their financing Bank.
1. Maximum Loan limit to the manufacturing sector Rs. 25 Lacs.
2. Maximum Loan Limit to the service sector Rs. 10 Lacs.
3. Subsidy 35% in the Rural Area & 25 % in the Urban area.
[A] Apply through online : www.kviconline.gov.in/pmegpeportal
[B] Eligibility : Minimum 8th passed.
[C] Documents Required : ADHAR Card, PAN Card , Bank Passbook , EDP training certificate, Rural certificate, DPR, Educational Qualification Certificate etc.