kvic.org.in PMEGP e-Tracking System : Khadi & Village Industries Commission

Organization : Khadi & Village Industries Commission
Facility : Prime Minister’s Employment Generation Programme PMEGP e-Tracking System
Home Page : http://www.kvic.org.in/

KVIC PMEGP Scheme

Prime Minister’s Employment Generation Programme (PMEGP) has been announced on 15th August,2008 and launched in place of REGP Scheme.

Related / Similar Service :
KVIC Prime Ministers Employment Generation Programme

PMEGP is a credit-linked subsidy programme launched by Ministry of MSME in 2008-09 for creation of employment in both rural and urban area of the country.

KVIC PMEGP e-Tracking System

Go to the official website of KVIC. Click on the PMEGP tab in home page

PMEGP e-Tracking System screen will be displayed, enter the following details to get your status.

Applicant Status view :
1. Enter Applicant ID
2. Enter Password
3. Click on View Status button.

Online Submission Guideline

** You can apply on-line for a fresh application (if you have never submitted the application earlier or your earlier application was rejected by the sponsoring agency)
** Please take a print out of the blank format and carefully go through the same before starting filling the application on-line.
** All fields marks with (*) are mandatory. Date fields are to be filled in the Format : dd-mm-yyyy Example: 01-01-2011
** Through this site you can submit your application on-line from anywhere. While on-line submission, the system will ask you whether you are going for final submission of your application form. If you click on ‘OK’ then you will not be able to make any further modifications.
** On Final Submission of the application form, a unique application Id will be generated in respect of your application which may be noted down for all further correspondence in the matter. you can take a print out of the same. (If you are not able to print the application form then and there for any reason, you must note down the application Id . With the help of this application Id and date of birth you can re-print the application form later before last date mentioned on final submission of the application form.
** Before submission of your application on-line, please read the Guidelines carefully, particularly regarding instructions to fill Application Form. This will help you to know the information and documents required for filling the application. Apply on-line only if you are sure that you will be able to produce all the necessary documents within the stipulated time.
** The printed application form with recent passport size photo affixed along with necessary enclosures should reach the concerned sponsoring office within 15 days or Last date of the advertisement, whichever is earlier.
** If for any reason you are late in producing the application/document details in-time, your application will not be entertained and it will be automatically rejected.

FAQ On PMEGP Scheme

Frequently Asked Questions (FAQ) On Prime Minister’s Employment Generation Programme (PMEGP)

1. What is maximum project cost allowed under PMEGP?
Rs.25.00 lakhs for manufacturing unit and Rs.10.00 lakhs for Service Unit
2. Whether cost of land includes in the project cost?
No.

3. What is the component of project cost?
Capital Expenditure Loan, one cycle of working capital and 10% of project cost as own contribution in case of General category and 5% of project cost in case of weaker section.

4. Who are the beneficiaries?
Individual Entrepreneurs, Institutions, Co-operative Societies, Self Help Groups, Trusts

5. Which are the financial agencies?
27 Public Sector Banks ,Regional Rural Banks(RRB), Co-operative Banks and Private Scheduled Commercial Banks approved by respective State Task Force Committee.

Benefits of KVIC PMEGP Scheme

The Prime Minister’s Employment Generation Programme (PMEGP) is a government-run scheme that provides financial assistance to unemployed youth to set up their own micro-enterprises. The scheme is managed by the Khadi and Village Industries Commission (KVIC).

The benefits of the PMEGP scheme include:
** Loan assistance: The scheme provides a loan of up to Rs. 25 lakhs to eligible applicants. The loan is interest-free for the first five years.
** Collateral-free loan: The scheme provides collateral-free loans to eligible applicants. This means that you do not need to provide any security for the loan.
** Training: The scheme provides training to eligible applicants on how to set up and run a micro-enterprise. The training is free of cost.
** Marketing support: The scheme provides marketing support to eligible applicants. This includes help with finding markets for their products and services.