People who are trying to start their own business in the Karnataka state can apply for the Karnataka CM Self Employment Scheme 2024 because in this scheme proper interest-free loans will be provided to all of the beneficiaries who were starting their businesses and want to have a proper capital so that they can gain various resources that are essential to keep their business running. You can check out the details related to the scheme from the article provided below and we will also share with you all the details related to the registration procedure that you need to follow to register yourself for the scheme and the eligibility criteria that you need to follow to be a part of this scheme.
What Is CM Self Employment Scheme?
The Karnataka Government has started a Karnataka CM Self Employment Scheme to provide proper employment opportunities to the people who do not have adequate funds to start their businesses in the Karnataka state and are suffering from differences related to their financial capabilities. The beneficiaries will be able to take loans according to the project cause that they have shown for their new business opportunities and it is also possible for the promoters to only contribute about 10% or 5% of the project cause from their own pocket and the rest of the money will be provided by the state government through the implementation of this prestigious self-employment scheme. You can apply for the scheme either by the online method or the offline method whichever is suitable according to your business.
Also Read: Raita Vidya Nidhi Scholarship
Benefits Of Karnataka CM Self Employment Scheme
The following benefits will be provided to all of the people who are applying for the Karnataka CM self-employment scheme:-
- The government will provide interest subsidy on loans of up to Rupees 10 lakh project cost.
- The maximum subsidy available for the general category is 25% subject to the ceiling of a maximum of 2.50 lakh.
- The maximum subsidy available for the special category is 35% subject to the ceiling of a maximum of 3.5 lakh.
- Beneficiaries will be able to take loans for manufacturing and service activities.
- The unemployed youth will be provided employment benefits of the scheme for new units.
- The promoter can contribute 10% to the project cost if you belong to the general category or 5% if you belong to the special category.
- The main objective of the scheme is to provide employment opportunities to all of the people who are not able to continue their employment due to a lack of financial funds.
Criteria of Project
The main criteria of the project for obtaining a loan under the CM Self Employment Scheme (CMEGP) are explained in detail below:-
- The project should be a Rural Area project
- Per capita investment
- Own contribution is needed for the CMEGP scheme
- The negative list and the unit should be a new one
Government Subsidy
Government Subsidy or Margin Money admissible under the CM Self Employment Scheme (CMEGP) is mentioned in the table below:-
| Sl.No | Categories of beneficiaries | The rate of Subsidy of a project cost |
| 1 | Area (location of project/unit) | Rural |
| 2 | General Category | 25% |
| 3 | Special (including SC / ST / OBC / Women Minorities/ Ex-servicemen, Physically handicapped) | 35% |
Eligibility Criteria
The applicant must follow the following eligibility criteria to apply for this scheme:-
- Only one member of the family can be able to take benefit from this scheme
- One week of entrepreneurship development training is compulsory (exempted if already undergone)
- The age of the applicant must be between 21 years to 35 years for the general category and 21 years to 45 years for a special category like SC/ST/OBC/MIN/ex-servicemen/PHC/women
- There is no income limit under this scheme
- The benefit of this scheme can be availed for new activities only
- Only rural unemployed youths of Karnataka can be able to take benefit from this scheme
Documents Required
The following documents are required for the CMEGP scheme are listed below:-
- Detailed project report (DPR)
- Recent passport photograph
- Educational qualifications
- Age proof
- Voter ID/Ration Card
- EDP training certificate
- The rural certificate for the proposed unit
- Ex-servicemen certificate
- Permission from Gram Panchayat
- Caste Certificate in case of SC, ST, OBC, MIN
- Physically handicapped certificate
- List of machinery to be purchased
Also Read: Karnataka Skill Connect Portal
Karnataka CM Self Employment Scheme 2024 Application Procedure Online
To apply for the Karnataka CM self-employment scheme online you will have to follow the simple procedure given below:-
- You will first have to visit the CM Self Employment website of the Chief Minister Self Employment Generation Programme by clicking on the link given here.
- The home page will open before you
- On the homepage, you should click on the apply online option.
- A new page will appear before you
- On this page, you have to select an agency and enter your Aadhar number
- Now you have to click on proceed
- Enter your name, father’s name, caste, date of birth, mobile number, email id, address, pin code, etc
- Upload all the required documents.
- Take a printout of the completed application form.
- Now you have to submit this application form along with a detailed project report and supporting documents to the respective office
Application Procedure Offline
If you want to apply for the scheme offline then you will have to follow the simple procedures given below:-
- You will first have to visit the official website of the Chief Minister Self Employment Generation Programme by clicking on the link given here.
- The home page will open before you
- Now you are required to click on downloads
- After that, you have to click on the CMEGP Application form
- The application form will appear on your screen
- You have to download this application form
- Now you have to take a printout of it
- After that, you have to fill out this application form by entering all the required details
- Now you have to attach all the required documents
- Submit this form to the respective office to apply offline under the Karnataka CM self-employment scheme
Login Procedure
If you want to log into the official portal then you will have to follow the simple procedure given below:-
- You will first have to visit the official website of the Chief Minister Self Employment Generation Programme by clicking on the link given here.
- The home page will open before you
- On the home page, you are required to click on the login
- A new page will appear before you
- On this page, you have to enter your username password, and captcha code
- After that, you have to click on the login button to log into the portal
View Dashboard
If you want to check the dashboard then you will have to follow the simple procedure given below:-
- You will first have to visit the official website of the Chief Minister Self Employment Generation Programme by clicking on the link given here.
- The home page will open before you
- Now you should click on dashboard Option
- A new page will appear before you
- On this page, you can view the dashboard
Edit Application
If you want to edit your application then you will have to follow the simple procedure given below:-
- You will first have to visit the official website of the Chief Minister Self Employment Generation Programme by clicking on the link given here.
- The home page will open before you
- On the homepage, you are required to click on edit application
- A new page will appear on your screen
- You have to enter your application ID on this new page
- After that, you have to click on Search
- Your application will open on your screen
- You have to click on the edit option
- Now you can make changes to your application
- Now, click on save to edit the application.
Print Application
If you want to print your application then you will have to follow the simple procedure given below:-
- You will first have to visit the official website of the Chief Minister Self Employment Generation Programme by clicking on the link given here.
- The home page will open before you
- Now you are required to click on print application
- After that, a new page will appear before you
- You have to enter your application ID and captcha code on this new page
- After that, you have to click on the view button.
View Application Status
If you want to check the application status then you will have to follow the simple procedure given below:-
- You will first have to visit the official website of the Chief Minister Self Employment Generation Programme by clicking on the link given here.
- The home page will open before you
- On the homepage, you are required to click on the application status option.
- After that, you have to enter the application ID and captcha code
- Now you have to click on view
Important Downloads
If you want to download the important documents then you will have to follow the simple procedure given below:-
- You will first have to visit the official website of the Chief Minister Self Employment Generation Programme by clicking on the link given here.
- The home page will open before you
- Now you are required to click on the downloads option.
- A new page containing the list of downloads will appear on your screen
- You have to click on the option of your choice
- A PDF file will appear on your screen
- You have to click on the download option to download it
Contact Details
- Email– jointdirector.ri@gmail.com
- Contact number- 080-22386794
- details of district industries center- click here
- Contact details of Karnataka khadi and village industries board– click here