Agnel Entrepreneurship Development Institute

Agnel Technical Education Complex

Verna Goa

PMEGP - Prime Minister`s Employment Generation Programme

PMEGP a revolutionary decision of the Ministry of MSME, Govt. of ndia by merging PMRY and REGP schemes.

NODAL AGENCY: KVIC is the Nodal agency at national level to implement the scheme across the country.

IMPLEMENTING AGENCIES & AREA: KIVC and KIVBs in rural areas of the country and DICs in both rural and urban areas of the country.

MAXIMUM PROJECT SIZE: Rs. 25.00 lakhs for manufacturing sector and Rs. 10.00 lakh for service sector.

EDUCATIONAL QUALIFICATION: Minimum VIIIth pass for the project cost above Rs. 10.00 lakh under manufacturing sector and above Rs. 5.00 lakh project cost under service sector.

EDP TRAINING
EDP training is not necessary before release of 1st installment of loan by financing bank to the beneficiary but it is compulsory within one year from the date of release of 1st installment of loan to the beneficiary. After completing EDP traPersons already undergone training of 2 weeks will be exempted for further training. EDP training will be provided at Agnel Entrepreneurship Development Institute. 

HOW TO APPLY: The beneficiary can submit application along with project report at nearest KVIC / KVIB / DIC / Bank offices.

DOCUMENTS REQUIRED: Certificate of education qualification, Technical Qualification, Caste Certificate (wherever applicable), EDP Training Certificate (for beneficiaries already undergone)

SELECTION OF BENEFICIARIES: Beneficiaries will be selected through interview process by the District Task force Committee headed by the Collector.

PROJECT SANCTION: Project will be sanctioned by Financing branches of the Bank as per techno-economic viability.

AMOUNT OF BANK LOAN: Bank sanctions and release 90-95% loan of the sanctioned project cost.

OWN CONTRIBUTION: 10% of the project incase of general category and 5% in case of weaker section beneficiaries.

GOVT. SUBSIDY UNDER THE SCHEME
Categories of beneficiaries under    Owner’s
Contribution
Rate of Subsidy
  (Of cost of Project)
Area   Urban Rural
General 10% 15% 25%
Special
( Including SC / ST / OBC / Minorities /  Women, Ex-servicemen, Physically Handicapped, NER Hill and Boarder -  Area )
5% 25% 35%
 
MARKETING SUPPORT: More than 7050 retail sales outlets spread over all the country run by the Khadi ad V.I. Instituitions, Khadi Gramodyog Bhavans, REGP-PMEGP units besides exhibitions, Buyer-Seller Meet,etc.

PHYSICAL VERIFICATION: To ensure proper utilization of Govt. Subsidy, 100% physical verification will be conducted.

MONITORING: Monitoring will be done at State / Zonal./National Level.

BACKWARD & FORWARD LINKAGES: As a support service, funds will be provided for Backward & Forward Linkages under the scheme.

NOT ALLOWED UNDER PMEGP SCHEME
With meat i.e. processing, canning, service items made of it, intoxicant items like cigaratte etc. dhaba serving liquor, preparation production tobacco as raw materials, for sale, connected with cultivation of crops/ plantation, harvester machines, polythene carry bags of less than 20 microns thickness, manufacturing of storing, containers made of recycled plastic for storing, carrying, dispensing or packaging lessing of Pashmina wool and such other products like hand spinning and hand programme availing sales rebate, rural transport (except auto rickshaw in Islands, house boat, shikara & tourist boats in J&K and Cycle rickshaw).
 
AGNEL ENTREPRENEURSHIP DEVELOPMENT INSTITUTE PROVIDES GUIDANCE AND HANDHOLDING SUPPORT FOR PROJECT FORMULATION AND IMPLEMENTATION FOR AVAILING BENEFITS THROUGH RAJIV GANDHI UDYAMI MITRA YOJANA. KINDLY CONTACT THE OFFICE FOR FURTHER DETAILS.