Prime Minister’s Employment Generation Programme

Ministry of Micro, Small and Medium Enterprises (MSME) is implementing Prime Minister’s Employment Generation Programme (PMEGP), which is a major credit-linked subsidy programme aimed at generating self-employment opportunities through establishment of micro-enterprises in the non-farm sector by helping traditional artisans and unemployed youth.

The scheme is being implemented by Khadi and Village Industries Commission (KVIC), State Khadi and Village Industries Board (KVIB) and District Industries centres (DIC). Under the scheme, loan is being provided by all Public Sector Banks, selected Private Sector Banks and Co-operative Banks with margin money subsidy being given by Ministry of MSME through KVIC.

Any individual above 18 years of age is eligible for applying under the scheme. General category beneficiaries can avail margin money subsidy of 25 % of the project cost in rural areas and 15% in urban areas. Beneficiaries belonging to Special Categories such as Scheduled Caste/Scheduled Tribe/OBC /Minorities/Women, Ex-serviceman, Physically handicapped, NER, Hill and Border areas etc. can avail margin money subsidy of 35% in rural areas and 25% in urban areas. The maximum cost of projects can be Rs. 25 lakh in the manufacturing sector and Rs. 10 lakh in the service sector. Benefit can be availed under PMEGP for setting up of new units only.

Further, Ministry of MSME has also introduced a new component of second financial assistance for expansion/upgrading the existing PMEGP/MUDRA units for manufacturing unit up to Rs.1.00 cr. and for service/ trading unit up to Rs.25.00 lakhs with subsidy of 15% (20% for NER and Hilly state) from the year 2018-19.

The details of Margin Money subsidy funds allocated and disbursed under this programme during the last three years and the current year (up to 15.03.2020) in the country is given below:

Year Margin Money Subsidy Allocated (Rs. in crore) Margin Money Subsidy disbursed

(Rs. in crore)

2016-17 1082.90 1280.94
2017-18 1170.00 1312.40
2018-19 2068.80 2070.00
2019-20

(up to 15.03.2020)

2396.44

 

1622.50

 

A target for assisting 79236 beneficiaries to establish their micro enterprises under PMEGP has been fixed during the year 2019-20, of which 54361 beneficiaries have already been assisted up to 15.03.2020.

State-wise number of micro enterprises likely to be set up during 2019 – 20 including Tamil Nadu, Assam and Rajasthan is given at Annexure-I.

TENTATIVE REVISED TARGETs OF NO. OF PROJECTS, MM ALLOCATION AND EMPLOYMENT UNDER PMEGP SCHEME AND 2ND LOAN FOR UPGRADATION OF EXSITING PMEGP UNITS DURING 2019-20
Sr. NO NAME OF THE STATE/UT  Target for PMEGP  scheme to set up new Units Target for 2nd loan for upgradation of existing PMEGP unit Total
MM

(Rs. in lakh)

Projects MM (Rs. in lakh) Projects MM

(Rs. in lakh)

Projects
1 UT Chandigarh 95.83 32 4.17 1 100.00 33
2 Delhi 186.88 62 8.12 2 195.00 64
3 Haryana 6229.04 2076 270.96 29 6500.00 2105
4 Himachal Pradesh 4119.13 1373 180.87 19 4300.00 1392
5 Jammu & Kashmir (including Ladakh) 13849.30 4616 568.44 61 14417.74 4677
6 Punjab 5729.75 1910 270.25 29 6000.00 1939
7 Rajasthan 8241.54 2747 358.46 38 8600.00 2785
9 Andaman & Nicobar Islands 287.48 96 12.52 2 300.00 98
10 Bihar 8692.68 2898 307.32 33 9000.00 2931
11 Jharkhand 4407.95 1469 192.05 20 4600.00 1489
12 Orissa 7319.77 2440 280.23 30 7600.00 2470
13 West Bengal 9238.90 3080 361.10 38 9600.00 3118
14 Andhra Pradesh 10097.12 3366 482.88 51 10580.00 3417
16 Telangana 7301.63 2434 298.37 32 7600.00 2466
17 Karnataka 14945.30 4982 504.70 54 15450.00 5036
19 Kerala 5239.04 1746 260.96 28 5500.00 1774
20 Lakshadweep 47.91 16 2.09 1 50.00 17
21 Pondicherry 143.74 48 6.26 1 150.00 49
22 Tamilnadu 13454.10 4485 545.90 58 14000.00 4543
24 Goa 287.48 96 12.52 2 300.00 98
25 Gujarat 29450.20 9817 1449.80 155 30900.00 9972
26 Daman  & Diu 20.12 7 0.88 1 21.00 8
27 Dadra Nager Haveli 20.12 7 0.88 1 21.00 8
28 Maharashtra 11956.04 3985 543.96 58 12500.00 4043
30 Chhattisgarh 5877.33 1959 255.93 27 6133.26 1986
31 Madhya Pradesh 8069.64 2690 430.36 46 8500.00 2736
32 Uttarakhand 3786.72 1262 213.28 23 4000.00 1285
33 Uttar Pradesh 25896.77 8632 1103.23 118 27000.00 8750
37 Arunachal Pradesh 479.14 192 20.86 2 500.00 194
38 Assam 10740.11 4296 467.69 37 11207.80 4333
39 Manipur 2698.23 1079 117.50 9 2815.73 1088
40 Meghalaya 2847.70 1139 124.00 10 2971.70 1149
41 Mizoram 2013.89 806 87.70 7 2101.59 813
42 Nagaland 3269.70 1308 142.38 11 3412.08 1319
43 Tripura 2412.07 965 105.03 8 2517.10 973
44 Sikkim 191.65 77 8.35 1 200.00 78
G. TOTAL 229644.00 78193 10000.00 1043 239644.00 79236

 

 

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