The concerned authorities of India have created the Prime Minister Employment Generation Program to help all the people who are not evil to get proper employment opportunities because of various reasons which include financial difficulties or economically backward sections of the society. You can check out the details related to PMEGP Scheme 2024 from the article provided below and we will also share with you all the step-by-step procedures to check the online list and the eligibility criteria for the prestigious Employment generation program. We will also share with you all the step-by-step procedures to fill out the application form.
What is PMEGP Scheme 2024
The Prime Minister’s Employment Generation Program is now merged with Prime Minister Rozgar Yojana and the Rural Employment Generation Program so that there are proper employment opportunities for micro-enterprises in the rural as well as urban areas of India. The residents of India will be provided proper benefits through the development of the new scheme and the micro, small, and medium enterprises will be administered through the development of the centralized sector scheme. You can apply for the PMEGP Scheme through the development of the official website presented by the authorities of the Indian Government and you will be eligible to get proper employment opportunities to help you get a fruitful future.
Objective Of the PMEGP Scheme
The following objectives will be fulfilled through the development of the Prime Minister’s Employment generation program:-
- To generate employment opportunities in rural as well as urban areas of the country through setting up 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 the migration of rural youth to urban areas.
- To increase the wage earning capacity of artisans and contribute to increasing the growth rate of rural and urban employment.
Selection Procedure
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 the bunching of applications is avoided. However, the applicants, who have already undergone training of at least 2 weeks under the Entrepreneurship Development Programme (EDP) / Skill Development Programme (SDP) / Entrepreneurship cum Skil Development Programme (ESDP) or Vocational Training (VT) will be allowed to submit applications directly to Banks.
- However, the Banks will refer the application to the Task Force for its consideration. Exaggeration in the cost of the project with a view only to avail of a higher amount of subsidy should not be allowed. KVIC will devise a scorecard in consultation with SBI and RBI, and forward it to the District Level Task Force and other State/District functionaries. This scoreboard will form the basis for the selection of beneficiaries.
- This scorecard will also be displayed on the websites of KVIC and the Ministry. The selection process should be transparent, objective and fair, and Panchayati Raj Institutions should be involved in the selection process.
Also Read: Pradhan Mantri Kaushal Vikas Yojana
Assistance Available
The following financial aid will be available under the Prime Minister Employment Generation program:-
| Categories of beneficiaries | Beneficiaries contribution | Rate of subsidy | |
| Area | Urban | Rural | |
| General category | 10% | 15% | 25% |
| Special (including SC /ST/OBC/Minorities/Women, Ex-servicemen, Physically disabled, NER, Hill, and Border areas, etc | 5% | 25% | 35% |
Eligibility Conditions of Beneficiaries
The applicant must follow the following eligibility criteria to be eligible for the Pradhan Mantri Employment generation program:-
- Any individual, above 18 years of age
- There will be no income ceiling for assistance in 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 VIII 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 (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.
Other Eligibility Conditions
The applicant must also follow these extra eligible conditions to be eligible for the Employment generation program:-
- A certified copy of the caste/community certificate or relevant document issued by the competent authority in the case of other special categories is required to be produced by the beneficiary to the concerned branch of the bank along with the Margin Money (subsidy) Claim.
- A certified copy of the bylaws of the institutions is required to append to the Margin Money (subsidy) Claim, wherever necessary.
- Project cost will include Capital Expenditure and one cycle of Working Capital. Projects without Capital Expenditure are not eligible for financing under the Scheme. Projects costing more than Rs.5 lakh, which do not require working capital, need clearance from the Regional Office or Controller of the Bank’s Branch, and the claims are required to be submitted with such certified copy of approval from the Regional Office or Controller, as the case may be.
- The cost of the land should not be included in the Project cost. The cost of the ready-built, as well as long lease or rental Work-shed/Workshop, can be included in the project cost subject to restricting such cost of ready-built as well as long lease or rental workshed/workshop to be included in the project cost calculated for a maximum period of 3 years only.
- PMEGP applies to all new viable micro-enterprises, including Village Industries projects except for activities indicated in the negative list of Village Industries. Existing/old units are not eligible.
PMEGP Scheme 2024 Application Procedure
If you want to register yourself as a new user for a new unit then you will have to follow the simple procedure given below:-
- You will first have to visit the official website by clicking on the link given here
- The home page of the scheme will open on your screen.
- You have to now click on the option called Application For New Unit Apply
- The online application will open on your screen and you will have to fill out the online application successfully.
- Upload all of the documents and you will be eligible for the registration procedure.
Login Process
If you want to log in then you will have to follow the simple procedure given below:-
- You will first have to visit the official website by clicking on the link given here
- The home page of the scheme will open on your screen.
- You have to now click on the option called Registered Applicant Login
- A new page will open on your screen and you will have to enter your user ID and password.
- Click on submit and now you will have to log in accordingly.
Application For Second Loan
If you want to apply for a second loan when you will have to follow the simple procedure given below:-
- You will first have to visit the official website by clicking on the link given here
- The home page of the scheme will open on your screen.
- You have to now click on the option called Application For Existing Units
- A new page will open on your screen and now you will have to click on the option of your choice.
- You need to fill out the application form displayed on your screen and upload all of the documents in order to be eligible.
Official Nodal Agency Login
If you want to login as a model agency then you will have to follow the simple procedure given below:-
- You will first have to visit the official website by clicking on the link given here
- The home page of the scheme will open on your screen.
- You have to now click on the option called Official Nodal Agency Login
- A new page will open on your screen.
- You will have to enter your user ID and password.
- Click on submit and now you will have to log in accordingly.
EDP Training Center Login
If you want to login as an EDP training center you will have to follow the simple procedure given below:-
- You will first have to visit the official website by clicking on the link given here
- The home page of the scheme will open on your screen.
- You have to now click on the option called EDP Training Center Login
- A new page will open on your screen.
- You will have to enter your user ID and password.
- Click on submit and now you will have to log in accordingly.
Bank Login
If you want to log in as a member of the bank then you will have to follow the simple procedure given below:-
- You will first have to visit the official website by clicking on the link
- The home page of the scheme will open on your screen.
- You have to now click on the option called Bank Login
- A new page will open on your screen.
- You will have to enter your user ID and password.
- Click on submit and now you will have to log in accordingly.
File A Complaint
If you want to file a complaint then you will have to follow the simple procedure given below:-
- You will first have to visit the official website by clicking on the link given here
- The home page of the scheme will open on your screen.
- You have to now click on the option called Grievance
- A new page will open on your screen.
- You will have to enter your user ID and password.
- Click on submit and now you will have to log in accordingly.
- You can now submit your complaint.
Contact Details
If you want to check the contact details then you will have to follow the simple procedure given below:-
- You will first have to visit the official website by clicking on the link given here
- The home page of the scheme will open on your screen.
- You have to now click on the option called Contact List
- A new page will open on your screen.
- The list of all of the official authorities about the scheme will open on your screen.