PMEGP Loan Yojana 2022 Prime Minister’s Employment Generation Program (PMEGP) || A new scheme has been started by the Honorable Prime Minister of our country Shri Narendra Modi ji. The name of this scheme is Prime Minister Employment Generation Program (PMEGP). Under this, financial assistance • amount will be provided to the employed youth. Let us know, in today’s post, what are the benefits of PMEGP Loan Yojana. To know in detail read this post till the end.
The main objective of this scheme is to promote entrepreneurship and provide self-employment opportunities to aspiring youth in rural and urban areas across the country. Under this scheme, financial assistance will be provided by the Government of India to the youth of the country for employment.
PM Rojgar Yojana 2022 Benefits
• Under this scheme, financial assistance will be provided to start new micro industries.
• Maximum project cost – Rs.25 lakh for manufacturing sector and Rs.10 lakh for service sector.
• Subsidy – 15% to 35% of the project cost • Beneficiary contribution 5% to – 10% of the project
Financial assistance for the second time for expansion and upgradation to excellent performing units under PMEGP / MUDRA / REGP
Up to Rs 1 crore for manufacturing sector, up to Rs 25 lakh for service sector, 15% to 20% subsidy
PM Rojgar Yojana 2022 Eligibility
- Application of PMEGP Loan Yojana has the following eligibility
- Must be – • The age of the beneficiary should be more than 18 years.
- Self Help Groups (SHGs)
- For projects costing Rs.10 lakh in manufacturing sector and Rs.5 lakh in service sector, minimum educational qualification required is 8th class pass.
PMEGP Loan Yojana 2022 Rules
Important Information – The National Nodal Agency of PMEGP Yojana is Khadi and Village Industries Commission and completely free application for loan assistance in the scheme is accepted only through the above link through online medium. The scheme has only 3 implementing agencies.
- Khadi and Village Industries Commission
- Khadi and Village Industries Board and
- Apart from the Industries Department and (District Industry Center of the concerned district), no other association / organization / institution / individual / company / form / etc. is authorized to process the application of this scheme.
PM Rojgar Yojana 2022 Entrepreneurship Development Program
For Industrial Documents/Project Report and Online Entrepreneurship Development Program please see the given link
• Download Mobile App UDYAMI.
Apply Online Click Here
Download Notification Click Here
Official Website Click Here
What is the main objective of PMEGP Loan Yojana 2022?
The main objective of this scheme is to provide self-employment opportunities to aspiring youth in rural and urban areas across the country by promoting entrepreneurship. Under this scheme, financial assistance will be provided by the Government of India to the youth of the country for employment.