CHIEF MINISTER EMPLOYMENT GENERATION PROGRAMME (CMEGP)
Details
The scheme was introduced by GR शोज निर्णय क्र. योजा-२०१९/प्र.क्र.१२१/उद्योग ७ on 01.08.2019. The scheme will be implemented and managed by the Directorate of Industries (DOI). The Scheme will be executed by District Industries Canters (DICs), Maharashtra State Khadi and Village Industries Boards (KVIB), which are overseen by the Directorate of Industries, as well as banks.
1. The maximum cost of the project/unit acceptable in the manufacturing sector is Rs. 50 lakh.
2. The maximum cost of a project/unit admissible under service, agro-based/primary agro-processing sector, e-vehicle based goods transport and other companies, single brand service ventures (single brand-based chains, mobile service ventures) is Rs. 20 lakhs.
3. Beneficiaries will contribute 5% to 10% of the project cost based on their category under the CMEGP program, with banks providing the remaining amount as a term loan.
Benefits
| Categories of beneficiaries under CMEGP | Beneficiary’s Contribution (of project cost) | Rate of subsidy (of project cost) | |
|---|---|---|---|
| Area (location of project/unit) | |||
| Urban | Rural | ||
| General Category | 10% | 15% | 25% |
| Special Category (SC / ST / Women / Ex-servicemen / differently abled / VJNT / OBC / Minority) | 5% | 25% | 35% |
Eligibility
1) The applicant must be between the ages of 18 and 45. Age restrictions are loosened by five years for special categories, which include SC, ST, women, ex-servicemen, and those with disabilities.
2) The applicant should be a young person without a job who is eager to start their own business.
3) The applicant, family, parent, or guardian’s annual income should not be a criterion. LPA
4) The applicant’s gender should be both male and female.
5) The applicant’s marital status should be for all
6) For projects or units costing more than Rs. 10 lac, the applicant’s educational qualification must be at least a 7th standard pass; for projects or units costing more than Rs. 25 lac, the minimum educational requirement is a 10th standard pass.
Application Process
Step 01: Fill online application on portal https://maha-cmegp.gov.in
Step 02: District level Scrutiny and Coordination Sub-Committee (DLSCC) constituted under the Chairmanship of respective GM, DICs will scrutinize the applications and prepare a primary list of eligible applicants.
Step 03: primary eligible applicants list will be approved by DLTFC and then forwarded to bank.
Step 04: Bank Sanctioning & Entrepreneurship Development Programme (EDP) training & Disbursment
Step 05: Subsidy claim by Bank to GM
Step 06: Approval of claim by HO and disbursement of margin money viz. nodal bank
Step 07: completion of three successful years of activity and following the timely repayment schedule as informed by the bank, the margin money in the form of grant-in-aid will be re-appropriated in the applicant’s loan account after confirmation / necessary validation from GM, DIC.
Documents Required
1) Passport size photo
2) Aadhar card
3) Domicile certificate
4) Educational cetifiacate
5) Undertaking form
6) Project profile
7) Caste certificate(If applicable)
8) Special categary certificate(If applicable)
9) Pan card
10) Populatuion certificate (Only for rural applicant)
11) Clearance /approved certificate (bank)(If Working capital is zero for project cost more than 5 lac)
