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.
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.
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%
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.
Applications are accepted only on the official government portal.
Open Official WebsiteThe "15 Days Skill Up-gradation Training" scheme aims to provide skill training, safety, and hygiene education for building and other construction workers registered with the Andhra Pradesh Building and Other Construction Workers Welfare Board.
The Union Territory of Lakshadweep has implemented the scheme “25% Capital Investment Subsidy” to provide financial assistance to local entrepreneurs for promoting Micro and small Enterprises in Lakshadweep.
The "40% subsidy on Hank Yarn, Dyes & Chemicals Scheme" is a Subsidy Scheme by the Dept. of Handlooms & Textiles, Govt. of Andhra Pradesh. The assistance will be in the form of Grant from the State Govt. The subsidy will be available only on purchases / procurements from NHDC & APCO.
The scheme aims to promote self-employment among scheduled tribe (ST) individuals by making business loans affordable. Under this scheme, ST beneficiaries availing loans for self-employment are provided a interest subsidy to reduce financial burden and encourage entrepreneurship.