Prime Minister’s Employment Generation Programme
The Government of India is implementing the “Prime Minister’s Employment Generation Programme” from 2008-2009 onwards through Tamil Nadu Khadi and Village Industries Board, Department of Industries and Commerce and Khadi and Village Industries Commission, Mumbai. The PMEGP scheme is being implemented successfully through online from 01.07.2016 onwards. The Central Coir Board is also implementing this scheme from the year 2019-2020 onwards.
Scheme Details
Under this scheme, the banks sanction loan upto a maximum project cost of Rs.50 lakhs in the manufacturing sector and Rs.20 lakhs in the service sector to the beneficiaries. A beneficiary shall have a qualification of minimum 8th Standard Pass for Project Cost above Rs.10 lakhs for manufacturing industry and Rs.5 lakhs for Service industry.
Subsidy
|
Sl. No
|
||
|---|---|---|
|
Category
|
Subsidy limit (on project cost)
|
|
|
Place
|
Urban
|
Rural
|
|
General Category
|
15%
|
25%
|
|
Special Category (Scheduled Caste/ Scheduled Tribes/Other Backward Caste/Minority/Ex-servicemen/ Physically Handicapped/ North Eastern Hill Border)
|
25%
|
35%
|
Own Contribution
|
Category
|
Own Contribution
|
|---|---|
|
General Category
|
10%
|
|
Special Category (Scheduled Caste/ Scheduled Tribes/Other Backward Caste/Minority/Ex-servicemen/ Physically Handicapped/ North Eastern Hill Border)
|
5%
|
The Government of India have introduced a second dose of loan from the year 2018-2019 for the existing units already setup and functioning successfully. For this, a PMEGP e-portal has been created separately. In this scheme, loan is allowed for manufacturing sector upto Rs.1 crore and for service sector upto Rs.25 lakhs. Further, own contribution is 10 Percent of the project cost and the bank loan is 90 Percent for all categories. The Margin Money Subsidy is 15 Percent for the total project cost.
The Performnace of Tamil Nadu Khadi and Village Industries Board from the year 2016-17 to 2025-26 are given below:
|
Sl. No
|
||||||
|---|---|---|---|---|---|---|
|
Year
|
(Project in Nos/Rs.in lakhs)
|
|||||
|
Target
|
Achievement
|
|||||
|
No.of.Physical target
|
No.of.Financial target
|
No.of.Employment generated (person)
|
No.of.Physical target
|
No.of.Financial target
|
No.of.Employment generated (person)
|
|
|
2016-17
|
1,261
|
2,521.50
|
10,088
|
745
|
2,166.48
|
8,384
|
|
2017-18
|
1,810
|
3,570.00
|
14,480
|
882
|
1,680.74
|
6,723
|
|
2018-19
|
822
|
2,400.94
|
6,576
|
1,078
|
2,236.49
|
6,106
|
|
2019-20
|
627
|
1,882.38
|
5,016
|
976
|
1,773.45
|
5,320
|
|
2020-21
|
783
|
2,360.62
|
6,296
|
792
|
1,829.75
|
5,489
|
|
2021-22
upto July’2021
|
1058
|
3,068.87
|
8468
|
202
|
493.63
|
1974
|
|
2023-24
|
939
|
3052.80
|
|
791
|
2606.15
|
8701
|
|
2024-25
|
734
|
2005.85
|
|
506
|
2032.83
|
5566
|
|
2025-26
|
794
|
2960.88
|
|
1110
|
3190.91
|
12210
|
