CMEGP - Chief Minister Employment Generation Programme
CMEGP - Chief Minister Employment Generation Programme
What is CMEGP Scheme?
Government of Maharashtra has approved the introduction of a new credit linked subsidy programme called Chief Minister Employment Generation Programme (CMEGP) for generation of employment opportunities through establishment of Micro & Small Enterprises (project cost limited to Rs. 50 lacs) in rural as well as urban areas in the state. The CMEGP scheme of would have a 30% reservation for women entrepreneurs.
Highlights of CMEGP Scheme
Eligibility criteria for CMEGP Scheme:
-
Individual between 18 to 45 years of age.
-
The candidate who is interested in self-employment.
-
For Special category (including SC/ST/Women/Ex-servicemen/Differently abled) age is relaxed by 5 years.
-
Assistance under the Scheme is available only for new micro small enterprises projects/ventures limited to Rs.50 lacs.
-
The required educational criteria for the applicant are minimum 7th standard pass and for project.
-
Units above Rs.25 lakh the required educational criteria for the applicant is minimum 10th standard pass. The applicants should also preferably possess respective / relevant skills required for the project.
-
Those candidates who are availing the benefit of any other scheme of the State Government will not be eligible for the scheme
Eligible Units under CMEGP Scheme:
Project Cost under CMEGP Scheme:
Quantum and Nature of Financial Assistance, funding under CMEGP :
Documents Required for the CMEGP Scheme:
-
Birth certificate/School Leaving certificate.
-
Age certificate of applicant.
-
Pan card of the Applicant.
-
Educational Qualification certificate of applicant.
-
Low Interest rates
-
Project report /Business plan
-
Photo of Applicant
-
Aadhaar card of the applicant.
-
Industry documents relating to business premises (preliminary agreement on plain paper)(Industry document registered after bank approval must be submitted to the bank itself ).
-
Certificate (SC/ST).
-
Supplementary certificate( for special classes/disabled/ex-servicemen)
-
Promise letter (undertaking) in the self signed prescribed pattern.
- By Priti Pagare