CHIEF MINISTER EMPLOYMENT GENERATION PROGRAMME (CMEGP)

What is 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.

Benefit

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

Level

State — Maharashtra

Ministry / Dept.

Industries Department

Benefit type

cash

Key eligibility

1)The **Age** of the applicant should be between 18 to 45. For Special category (including SC/ST/Women/ Ex-servicemen/Differently abled) age is relaxed by 5 years. 2)The **Occupation** of the applicant should be **unemployed youth, Youth willing to establish new ventures.** 3)The **Annual Income** o

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Benefits

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

Eligibility

Documents Required

How to Apply

1. Step 1: Online application — step 1

   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.

Sources & References

• Official scheme website ↗
• Information is summarised from official government sources. Verify all details on the official website before applying.