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

 

This information was given by Shri Nitin Gadkari, Union Minister for Micro, Small and Medium Enterprises in written reply to a question in Lok Sabha today.

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