PMEGP project report format in excel
We make all kind of PMEGP project report for KVIC submission and bank loan. Our project reports have helped thousands of enterpreneur getting bank loan under PMEGP guideline
What is PMEGP Project report ?
Prime Minister Employment Generation Program (PMEGP) is a credit connected subsidy program to encourage entrepreneurship of educated and semi-educated youth, regulated by the Ministry of Micro, Small and Medium Enterprises, Government of India. Khadi and Village Industries Commission (KVIC), is the nodal organization at national level for execution of the plan. The subsidy slabs are 15%, 25% & 35% of total project cost with upper project report limit with 25,00,000.
Documents Required PMEGP Project report LOAN
- Aadhar Card,
- Caste Certificate,
- Proof Of Original Residence,
- Education Certificate,
- Business Project Report
PMEGP project report format
|Official Website||Click Here|
|PMEG Details Read||Click Here|
|Apply Online||Click Here|
|EDP Training Link||Click Here|
|Paper Cup 10 Lakh Project (PDF)||Click Here|
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|Video Editing and still photo.. (PDF)||Click Here|
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Eligibility Conditions of Beneficiaries
(i) Any individual, above 18 years of age
(ii) There will be no income ceiling for assistance for setting up projects under projcet.(iii) 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.
Levels of funding under PMEGP
|Categories of beneficiaries under PMEGP||Beneficiary’s contribution (of project cost)||Rate of Subsidy (of project cost)|
|Area (location of project/unit)||Urban||Rural|
|Special (including SC / ST / OBC /Minorities/Women, Ex-servicemen, Physically handicapped, NER, Hill and Border areas etc.||05%||25%||35%|
Note: (1) The maximum cost of the project/unit admissible under manufacturing sector is Rs. 25 lakh.
- The maximum cost of the project/unit admissible under business/service sector is Rs. 10
- The balance amount of the total project cost will be provided by Banks as term loan
Rehabilitation of Sick Units
Sick units under PMEGP for their rehabilitation will be linked with RBI’s Guidelines for rehabilitation of sick small scale industrial units issued to all Scheduled Commercial Banks vide their letter RPCD.No.PLNFS.BC.57/06.04.01/2001-2002 dated
16th January, 2002.
Registration with the KVIC/KVIBs/State DICs under the Scheme is voluntary. No registration fee will be charged from the beneficiaries and the funds available under Forward and Backward linkage will be utilized to meet expenses on documentation cost, etc.
Beneficiary will submit quarterly report about production, sales, employment, wages paid etc. to the State/Regional Director of the KVIC/KVIB/State DIC, and KVIC will in turn analyze and submit a consolidated report to the Ministry of MSME, every six months.
Role of Private Sector (Scheduled, Commercial / Co-operative) Banks in the implementation of PMEGP
The Scheme will also be implemented through the Private Sector Scheduled Commercial Banks/Co-operative Banks on selective basis, after verification of intending Banks’ last 3 years’ Balance Sheet and ascertaining quantum of lending portfolio. Margin Money (subsidy) portion will be paid on actual reimbursement basis to the Banks by KVIC.
(i) 27 Public Sector Banks.
(ii) All Regional Rural Banks.
(iii) Co-operative Banks approved by State Level Task Force Committee headed by Principal Secretary (Industries)/Commissioner (Industries)
(iv) Private Sector Scheduled Commercial Banks approved by State Level Task Force Committee headed by Principal Secretary (Industries)/Commissioner (Industries).
(v) Small Industries Development Bank of India (SIDBI).
The Bank will sanction 90% of the project cost in case of General Category of beneficiary/institution and 95% in case of special category of the beneficiary/institution, and disburse full amount suitably for setting up of the project.
(i) Any area classified as Village as per the revenue record of the State/Union Territory, irrespective of population.
(ii) It will also include any area even if classified as town, provided its population does not exceed 20,000 persons.
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