Prime Minister’s Employment generation Programme

Applications are hereby invited from the un-employed youth of Rural/Urban areas of District Budgam to avail loan for establishment of their new venture under category Prime  Minister’s Employment generation Programme (PMEGP) for the year 2018-19.

All the interested/eligible applicants are advised to fill application form through online portal i.e KVICONLINE.GOV.IN.

The interested candidates shall feel free to visit office of the General Manager DIC Budgam during the working hours for any clarification or information in this regard.

The interested applicants should upload below mentioned documents while filling the online application form.

  1. Passport Size Photo
  2. Aadhaar Card
  3. Project Profile / Summary
  4. Population Certificate/ Rural certificate (not applicable for urban areas)
  5. Minority Certificate
  6. Educational Qualification (Minimum 8th pass )

Terms & condition are as under:

Project cost

Promoters own contribution

Govt. Subsidy

Maximum project cost up to 25 lacs for
manufacturing units & up to 10 lacs for

service sector.

5% of total project cost.

SC/ST/OBC/Minority/Women/

Handicapped etc

25% in Urban Areas, 35% in Rural Areas

Caution against Middlemen: DIC have not engaged any private Party/Agency/ Middlemen/ Franchise etc for promoting or sanctioning of PMEGP Projects or any financial assistance under PMEGP Programme and any potential entrepreneurs / beneficiaries dealing with such agency shall be doing it at their risk and consequences.

 

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