CHIEF MINISTER EMPLOYMENT GENERATION PROGRAMME (CMEGP)
Government of Maharashtra has approved the introduction of a new credit linked subsidy program called Chief Minister Employment Generation Program(CMEGP) for generation of employment opportunities through establishment of Micro & Small Enterprises in rural as well as urban areas in state.
About This Scheme
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 (includes SC / ST /Women/ Ex- servicemen / differently abled/VJNT/OBC/Minority) | 5% | 25% | 35% |
Eligibility
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Required Documents
- ✦) Passport size photo
- ✦) Aadhar card
- ✦) Domicile certificate
- ✦) Educational cetifiacate
- ✦) Undertaking form
- ✦) Project profile
- ✦) Caste certificate(If applicable)
- ✦) Special categary certificate(If applicable)
- ✦) Pan card
- ✦) Populatuion certificate (Only for rural applicant)
- ✦) Clearance /approved certificate (bank)(If Working capital is zero for project cost more than 5 lac)
✦ Required ◦ Optional
How to Apply
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.
Quick Info
- Level
- Central Government
- Launched
- 1 Aug 2019
- Deadline
- 31 Jul 2024
