Prime Minister Employment Generation Programme 2024:
Here we are welcoming all are youngster in the latest edition of this article because we are going to discuss about Prime Minister Employment Generation Programme 2024 in this article to just ensure that all applicants can youngster can apply highly in this scheme to ensure their social and economical development.
Here we are going to discuss on PMEGP 2024’s Motive or goal and there for we would like to inform you that this scheme or programme will going ensure high rate or employment, various types of business opportunities and to ensure the social and economical development of our un – employed youngster in order to their bright future.
In the end, we going to provide you a proper information of this scheme so, all of you can apply easily in this scheme.
Major Motive of PMEGP 2024?
Here we are going to discuss on PMEGP 2024 Motive or goal and there for we would like to inform you that this scheme or programme will going ensure high rate or employment, various types of business opportunities and to ensure the social and economical development of our un – employed youngster in order to their bright future.
Key Benefits of Prime Minister Employment Generation Programme 2024?
- Through Prime Minister Employment Generation Programme 2024 all are un-employed youngsters will able to open their own business in order to their sustainable development,
- Under this scheme all are rural areas of India will be going to benefitted,
- You educated but un – employed youngster can apply for loan on subsidy basis for there own business ,
- You can get loan on subsidy basis for type of business and their development and
- In the end it will ensure all are applicants social and economical development etc.
Subsidy Criteria of Prime Minister Employment Generation Programme 2024?
| Category | Subsidy for Urban Area Beneficiary | Subsidy for Rural Area Beneficiary | Own Contribution |
| General Category | 15% of Total Project Cost | 25% of Total Project Cost | 10% of Total project Cost |
| Special Category including SC / ST/ OBC / Minorities / Women, Physically handicapped, Ex-Servicemen, NER, Hill and Border areas etc. | 25% of Total Project Cost | 35% of Total Project Cost | 5% of Total Project Cost |
Required Documents For PMEGP 2024?
- Passport Size Photo
- Highest Educational Qualification
- Project Report Summary/ Detailed Project Report
- Social/ Special Category Certificate, if applicable
- Rural area certificate if applicable
Apply: PMEGP Loan Scheme
Required Eligibility For PMEGP 2024?
- Any individual, above 18 years of age
- There will be no income ceiling for assistance for setting up projects under PMEGP.
- For setting up of project costing above Rs.10 lakh in the Manufacturing sector and above Rs. 5 lakhs in the Service/ Business sector, the beneficiaries should possess at least VIII standard pass educational qualification.
- Assistance under the scheme is available only for new viable projects sanctioned specifically under the PMEGP.
- Existing Units and the units that have already availed any Government Subsidy (under PMRY, REGP, PMEGP,CMEGP or any other scheme of Government of India or State Government) are not eligible.
- Projects without Capital Expenditure (Term Loan) are not eligible
- Cost of Land can not be covered under the project cost.
- All Implementing Agencies (KVIC, KVIB, DIC and Coir Board) can process applications in both rural as well as urban areas.
- Applicant should possess valid Aadhaar Number.
- Applicant shall give his/her consent to authenticate demographic details such as Aadhaar number, Name, Gender, Date of Birth and Mobile number from UIDAI server etc.
How To Apply Online Prime Minister Employment Generation Programme 2024?
- For Online Applying in Prime Minister Employment Generation Programme 2024 you have to visit on its Official Website home page,
- After arriving on its home page you will get an option named Online Application and You have to click on it,
- After clicking on that option a new page will open on your computer screen where we you see your Application Form and then you have to fill it correctly,
- Upload all scanned documents and
- In the end, you have to just click on Submit Button and take a print out of the receipt.
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