KVIC Loans 1lakh+ under PMEGP

Dec 12 : Ministry of MSME, through the Khadi and Village Industries Commission (KVIC), is implementing, since 2008-09, Prime Minister’s Employment Generation Programme (PMEGP) for generating self-employment opportunities in the country by setting up micro-enterprises in the non-farm sector.  Loans under PMEGP are provided for the manufacturing and service sectors. Besides, the following trading and business activities are also allowed under PMEGP:

i.     Business / Trading activities in form of sales outlets in NER, Left Wing Extremism (LWE)-affected districts, and A & N Islands.

ii.    Retail outlets/Business – selling of Khadi products, Village Industry products procured from Khadi and Village Industry Institutions certified by KVIC as well as products manufactured by PMEGP units and clusters set up under the Scheme of Fund for Regeneration of Traditional Industries (SFURTI) are also permitted under PMEGP across the country.

iii. Retail outlets backed by Manufacturing (including processing) / Service facilities are permitted across the country.

iv.   The maximum cost of the project for Business / Trading activities covered under (i) and (ii) above is Rs.20 lakh.

v.    Maximum of 10% of the financial allocation in a year in a State may be used for Business / Trading activities covered under (i) and (ii) above.

A number of beneficiaries under PMEGP for the last three years, State-wise, is given in Annexure.

State-wise position of a number of beneficiaries under PMEGP
S.N	State/UT	2019-20	2020-21	2021-22
1	Andaman and Nicobar	93	155	162
2	Andhra Pradesh	2192	1674	2477
3	Arunachal	211	98	196
4	Assam	2603	2939	3855
5	Bihar	2221	2192	2477
6	Chandigarh-UT	14	10	21
7	Chhattisgarh	2811	2718	3020
8	Delhi	93	74	100
9	Goa	90	58	87
10	Gujarat*	3983	2854	4143
11	Haryana	2029	1740	1726
12	Himachal	1226	1208	1274
13	Jammu & Kashmir	5355	8575	21648
14	Jharkhand	1544	1522	1714
15	Karnataka	3697	4438	5877
16	Kerala	2421	2389	2789
17	Ladakh	0	281	295
18	Lakshadweep	0	3	7
19	Madhya Pradesh	2168	4854	8082
20	Maharashtra**	4404	3104	4128
21	Manipur	1173	1556	1139
22	Meghalaya	377	359	699
23	Mizoram	760	810	650
24	Nagaland	1109	740	1241
25	Odisha	2718	3171	4301
26	Puducherry	64	44	66
27	Punjab	1695	1652	1790
28	Rajasthan	3025	2772	2599
29	Sikkim	79	57	85
30	Tamil Nadu	5172	5188	5972
31	Telangana	2178	2025	2906
32	Tripura	962	842	958
33	Uttar Pradesh	6120	9994	12594
34	Uttarakhand	1844	2249	1836
35	West Bengal	2222	2070	2305
		66653	74415	103219

Disclaimer: We donot claim that the images used as part of the news published are always owned by us. From time to time, we use images sourced as part of news or any related images or representations. Kindly take a look at our image usage policy on how we select the image that are used as part of the news.