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CMEGP - Chief Minister Employment Generation Programme

 

 

What is CMEGP Scheme?

Government of Maharashtra has approved the introduction of a new credit linked subsidy programme called Chief Minister Employment Generation Programme (CMEGP) for generation of employment opportunities through establishment of Micro & Small Enterprises (project cost limited to Rs. 50 lacs) in rural as well as urban areas in the state. The CMEGP scheme of would have a 30% reservation for women entrepreneurs.

 

Highlights of CMEGP Scheme


 



Eligibility criteria for CMEGP Scheme:

 

    • Individual between 18 to 45 years of age.

    • The candidate who is interested in self-employment.

    • For Special category (including SC/ST/Women/Ex-servicemen/Differently abled) age is relaxed by 5 years.

    • Assistance under the Scheme is available only for new micro small enterprises projects/ventures limited to Rs.50 lacs.

    • The required educational criteria for the applicant are minimum 7th standard pass and for project.

    • Units above Rs.25 lakh the required educational criteria for the applicant is minimum 10th standard pass. The applicants should also preferably possess respective / relevant skills required for the project.

    • Those candidates who are availing the benefit of any other scheme of the State Government will not be eligible for the scheme


Eligible Units under CMEGP Scheme:

 

 

Project Cost under CMEGP Scheme:

 

 

Quantum and Nature of Financial Assistance, funding under CMEGP :

 

 


Documents Required for the CMEGP Scheme:


    • Birth certificate/School Leaving certificate.

    • Age certificate of applicant.

    • Pan card of the Applicant.

    • Educational Qualification certificate of applicant.

    • Low Interest rates

    • Project report /Business plan

    • Photo of Applicant

    • Aadhaar card of the applicant.

    • Industry documents relating to business premises (preliminary agreement on plain paper)(Industry document registered after bank approval must be submitted to the bank itself ).

    • Certificate (SC/ST).

    • Supplementary certificate( for special classes/disabled/ex-servicemen)

    • Promise letter (undertaking) in the self signed prescribed pattern.

                                                                                                                                                              - By Priti Pagare

 

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