PMEGP/Khadi/KVIC/KVIB/DIC Loan Online Apply Conditions of Participation of beneficiaries
PMEGP/Khadi/KVIC/KVIB/DIC Loan Online Apply Conditions of Participation of beneficiaries
PMEGP/Khadi/KVIC/KVIB/DIC Loan Online Apply Conditions of Participation of beneficiaries
PMEGP Conditions of Participation of beneficiaries
- Any person over 18 years old
- There will be no income ceiling for assistance for setting up projects under PMEGP.
- For project setting over Rs.10 lakh in the manufacturing sector and about Rs cost. 5 lakh in the business / service sector should the receiver have at least VIII standard of education exist.
- Support under the scheme is only for new projects sanctioned specifically under the PMEGP.
- Self-help groups (including belong to BPL provided that they did not take benefits under another scheme to a) are also for grants from PMEGP.
- Institutions registered under Societies Registration Act, 1860;
- The production cooperatives and
- Charitable Trusts.
- Existing units have taken (under PMRY, REGP or other scheme of Government of India or State Government) and the units that government subsidy under another scheme of Government of India or State Government are not already entitled, to complete.
- Other eligibility conditions
- A certified copy of the caste / community certificate or relevant document issued by the competent authority in the case of special categories is required, the claim will be produced by the beneficiary to the concerned branch of the Banks along with the Margin Money (subsidy).
- A certified copy of the statutes of the institutions necessary to the Margin Money (subsidy) are appended claim wherever necessary.
- Project costs will include investment and a cycle of working capital. Projects without investments are not under the control of funding. Projects more than Rs.5 lakh cost that does not require working capital, clearance from the Regional Office or Controller of the branch of the bank and the claims must be committed may be the case with such a certified copy of the authorization from the Regional Office or Controller as submitted.
- The cost of the land should not be included in the project cost. are included The cost of the built-ready and long lease or rental Work shed / workshop in the project cost under restriction of those costs from ready built and leasehold or rental Workshed / workshop be included in the project cost calculated for a maximum period of 3 years.
- PMEGP applies to all new viable micro enterprises, including Village Industries projects except the negative list of Village Industries specified activities. Existing / old units are not eligible (Para 29 of the guidelines refers).
PMEGP/Khadi/KVIC/KVIB/DIC Loan Online Apply Conditions of Participation of beneficiaries
PMEGP/Khadi/KVIC/KVIB/DIC Loan Online Apply Conditions of Participation of beneficiaries
Caution:-
The institutions / cooperatives / Trusts specifically registered as such and SC / ST / OBC / Women / Disabled / ex-soldiers and minority institutions with the necessary provisions in the Constitutions in this sense eligible for Margin Money (subsidy) for specific categories. But for institutions / cooperatives / trusts have not been registered as to specific categories, can for Margin Money (subsidy) for general category into consideration.
Only one person from one family is for obtaining financial support, the set of projects under PMEGP. The "family" includes self and spouse.
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