Prime Minister’s Employment Generation Program (Centrally Sponsored Scheme)

Centrally Sponsored Scheme to provide opportunities for setting up of its own industries / service ventures to provide employment opportunities in rural and urban areas.

Maximum loan limit

Manufacturing – 25 lakhs

Service area – Rs.10 lacs

Contribution: -General Category – 10 percent

SC / ST / OBC / minority / women / disability / land civil – 05 percent

Beneficiary:

Anyone 18 years of age or older Institution registered under Self Help Group / Society Act 1860 or Charitable Trust who has not previously availed the benefits of any government scheme. Special: - In the construction sector, Rs. In case of project cost of more than 10 lakhs project cost and service cost of more than Rs. 5 lakhs in service sector, it is mandatory for the beneficiary to have a minimum of 8th passing pass.

Benefits:

Margin money grant amount: - In urban area - general category - 15 percent. SC / ST / OBC / Minority / Dy. / Handicap / women - 25 percent. In rural area - general category - 25 percent SC / ST / OBC / minority / Dy. / Handicap / women - 35 percent.