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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.

Start date1 Aug 2019
End date / Deadline31 Jul 2024
Last verifiedToday

About This Scheme

Scheme launched by GR शासन निर्णय क्र. योजना-२०१९/प्र.क्र.१२१/उद्योग ७ dated on 01.08.2019 Scheme will be implemented and monitored by Directorate of Industries (DOI), under the administrative control of Industries Department, Government of Maharashtra. The Scheme will be implemented through District Industries Canters (DICs), Maharashtra State Khadi and Village Industries Boards (KVIB) under the control of Directorate of Industries and also by banks. - The maximum cost of the project/unit admissible under manufacturing sector is Rs.50 lakh. - The maximum cost of the project/unit admissible under service, Agro-based/ Primary Agro processing sector, E-vehicle based goods transport and other businesses, single brand service ventures (single brand-based chains, mobile service ventures) is Rs.20 lakhs. - Beneficiary’s Contribution in the project cost will be 5% to 10 % as per the Categories of Beneficiaries under CMEGP scheme and balance amount of the total project cost will be provided by Banks as term loan.

Benefits

Categories of beneficiaries under CMEGPBeneficiary’s Contribution (of project cost)Rate of subsidy (of project cost)
Area (location of project/unit)UrbanRural
General Category10%15%25%
Special Category (includes SC / ST /Women/ Ex- servicemen / differently abled/VJNT/OBC/Minority)5%25%35%

Eligibility

Note: You may be eligible based on the information shown. Please verify the official eligibility requirements before applying.

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

OOnline

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