Question: Give me details about Prime Minister's Employment Generation Programme.

Answer: like project cost, sources of funding, marketing plan, and expected income and expenses. KVIC provides a format for preparing
the project report, which can be downloaded from their website.Can I Apply For The PMEGP Scheme Offline?Answer: Yes, you can
apply for the PMEGP scheme offline by submitting the application form along with the project report and necessary documents to the
nearest KVIC office or bank.Can I Apply For The PMEGP Scheme Online?Answer: Yes, you can apply for the PMEGP scheme online
through the KVIC portal. The process involves registering on the portal, filling up the application form, and uploading the necessary
documents.What Are The Documents Required For The PMEGP Scheme Application?Answer: The documents required for the PMEGP
scheme application include proof of identity and address, educational qualification certificate, caste certificate (if applicable), project
report, and bank account details.Can I Make Changes To My PMEGP Scheme Application After Submission?Answer: No, you cannot
make changes to your PMEGP scheme application after submission. Therefore, it is important to ensure that all the information provided
in the application is accurate and complete before submitting it.How Long Does It Take For The PMEGP Scheme Application To Be
Processed?Answer: The processing time for the PMEGP scheme application varies from state to state and depends on various factors
such as the completeness of the application, the availability of funds, and the number of applications received.How Will I Know If My
PMEGP Scheme Application Has Been Approved?Answer: Once your PMEGP scheme application is approved, you will receive an
approval letter from KVIC or the bank, along with the sanction letter stating the amount of subsidy and loan that you are eligible
for.Sources And ReferencesGuidelines-2023Guidelines-2022Final Guidelines For Second LoanExemption Of COVID Vears Viz. FY
2020-21 & FY 2021-22 While Considering Profitability Of Existing PMEGP/REGP/ MUDRA Units Applying For 2hd Loan Under
PMEGPReceipt Of Applications In Physical Form Under PMEGPReturn Or Refund Of PMEGP Margin Money SubsidyAgency Wise
Contact DetailsFAQsScheme URLOkWas this helpful?News and UpdatesNo new news and updates availableShareSomething went
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**Eligibility:** Ministry Of Micro, Small and Medium EnterprisesPrime Minister's Employment Generation ProgrammeEntrepreneurFinancial
AssistanceLoanMicro EnterprisesProjects to applyDetailsBenefitsEligibilityExclusionsApplication ProcessDocuments
RequiredFrequently Asked QuestionsLaunched in August 2008, Prime Minister's Employment Generation Programme (PMEGP) is a
credit-linked subsidy scheme, administered by the Ministry of Micro, Small and Medium Enterprises (MSME). PMEGP aims to generate
employment opportunities through the establishment of micro-enterprises in the non-farm sector for rural as well as urban areas. The
scheme has been approved for continuation over the 15th Finance Commission cycle i.e., for the period of five years from 2021-22 to
2025-26. PMEGP was formed by merging the two schemes that were in operation till 31st March 2008, namely Prime Minister's Rojgar
Yojana (PMRY) and Rural Employment Generation Programme (REGP). An outlay of â‚¹13,554.42 Crore has been approved for
PMEGP for five Financial Years (2021-22 to 2025-26) to set up about 4,00,000 projects with the creation of 30,00,000 employment @8
persons per unit). In addition, 1,000 Units will be upgraded in each FY. ObjectivesTo generate employment opportunities in rural as well
as urban areas of the country through the setting up of new self-employment ventures/projects/micro enterprises. To bring together
widely dispersed traditional artisans! rural and urban unemployed youth and give them self-employment opportunities to the extent
possible, at their place. To provide continuous and sustainable employment to a large segment of traditional and prospective artisans and
rural and urban unemployed youth in the country, so as to help arrest migration of rural youth to urban areas. To increase the wage-
earning capacity of workers and artisans and contribute to an increase in the growth rate of rural and urban employment.Implementing
AgenciesAt the National level, the scheme is being implemented by the 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 State level, the scheme is
implemented through State offices of KVIC, State Khadi and Village Industries Boards (KVIBs), District Industries Centre's (DICs),
Coir Board (for coir-related activities), and Banks. The government may also involve other suitable agencies for the implementation of
the scheme.OkWas this helpful?ShareNews and UpdatesNo new news and updates availableÂ©2024Powered byDigital India
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24303714Last Updated On : 28/03/2024 | v-2.1.1