Scheme launched by GR शासन निर्णय क्र. योजना-२०१९/प्र.क्र.१२१/उद्योग ७ dated on 01.08.2019 Scheme will be implemented and monitored by Directorate of Industries (DOI), under the administrative control of Industries Department, Government of Maharashtra. The Scheme will be implemented through District Industries Canters (DICs), Maharashtra State Khadi and Village Industries Boards (KVIB) under the control of Directorate of Industries and also by banks.
- The maximum cost of the project/unit admissible under manufacturing sector is Rs.50 lakh.
- The maximum cost of the project/unit admissible under service, Agro-based/ Primary Agro processing sector, E-vehicle based goods transport and other businesses, single brand service ventures (single brand-based chains, mobile service ventures) is Rs.20 lakhs.
- Beneficiary’s Contribution in the project cost will be 5% to 10 % as per the Categories of Beneficiaries under CMEGP scheme and balance amount of the total project cost will be provided by Banks as term loan.
The Government of Karnataka has introduced the Chief Minister Self Employment Scheme (CMEGP) to create self-employment opportunities in the State. Under CMEGP scheme, Government provides a subsidy on loan for the rural entrepreneurs to start a new business. The Karnataka Government implements this scheme in consultation with District Officers of Karnataka Khadi and Village Industries Board (KVIB) and Joint Director of Department of Industries and Commerce (DIC).
Objective of CMEGP Scheme
- To create employment opportunities in Karnataka
- To provide and support self-employment in the state
- To empower rural youth of Karnataka
- To provide entrepreneur development training
Benefits
Categories of beneficiaries under CMEGPBeneficiary’s Contribution (of project cost)Rate of subsidy (of project cost)Area (location of project/unit) UrbanRuralGeneral Category10%15%25%Special Category (includes SC / ST /Women/ Ex- servicemen / differently abled/VJNT/OBC/Minority)5%25%35%
Eligibility
1)The Age of the applicant should be between 18 to 45. For Special category (including SC/ST/Women/ Ex-servicemen/Differently abled) age is relaxed by 5 years.
2)The Occupation of the applicant should be unemployed youth, Youth willing to establish new ventures.
3)The Annual Income of the Applicant/Family/Parent/Guardian should No criteria LPA
4)The Gender of the applicant should be Male and Female
5)The Marital Status of the applicant should be for all
6)The Educational Qualification of the applicant should be minimum 7th standard pass for project/unit above Rs. 10 lac and for project/units above Rs.25 lac the required educational criterion for the applicant is minimum 10th standard pass.
Documents Required
Passport size photo
2) Aadhar card
3) Domicile certificate
4) Educational cetifiacate
5) Undertaking form
6) Project profile
7) Caste certificate(If applicable)
8) Special categary certificate(If applicable)
9) Pan card
10) Populatuion certificate (Only for rural applicant)
11) Clearance /approved certificate (bank)(If Working capital is zero for project cost more than 5 lac)
Application Process
Step 01: Fill online application on portal https://maha-cmegp.gov.in
Step 02: District level Scrutiny and Coordination Sub-Committee (DLSCC) constituted under the Chairmanship of respective GM, DICs will scrutinize the applications and prepare a primary list of eligible applicants.
Step 03: primary eligible applicants list will be approved by DLTFC and then forwarded to bank.
Step 04: Bank Sanctioning & Entrepreneurship Development Programme (EDP) training & Disbursment
Step 05: Subsidy claim by Bank to GM
Step 06: Approval of claim by HO and disbursement of margin money viz. nodal bank
Step 07: completion of three successful years of activity and following the timely repayment schedule as informed by the bank, the margin money in the form of grant-in-aid will be re-appropriated in the applicant’s loan account after confirmation / necessary validation from GM, DIC.
FAQs
Who are the beneficiaries?
Individual Entrepreneurs and SHG’s.
What is the definition of family ?
Self and Spouse.