Business Idea mil gaya💡| PMEGP Scheme |
Автор: Rohit Joshi
Загружено: 2023-08-09
Просмотров: 30496
Описание:
The Prime Minister’s Employment Generation Programme (PMEGP) is a credit-linked subsidy programme launched by the Ministry of MSME to generate employment opportunities in both rural and urban areas.
➡️ Under this scheme, the business owners need to invest only 5%-10% of the project cost while the Government provides a subsidy of 15%-35% of the project based on different criteria. The Banks offer funds in form of Term Loan, Working Capital Loan in form of Cash Credit and Composite Loan.
➡️ The project cost covered is up to Rs. 20 lakh for service units and Rs. 50 lakh for manufacturing units.
➡️ Interest Rate varies from lender to lender.
➡️ Minimum 18 years and at least 8th Pass.
➡️ Eligible Entities: Business owners, Entrepreneurs, Institutions, MSMEs, Co-operative Societies, Charitable Trusts & Self Help Groups.
Source: paisabazaar
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