PMEGP Yojana 2024 Online Application Form, Register Now

PMEGP Yojana 2024: The PMEGP Yojana has been initiated by the central government to offer employment chances to the unemployed youth of the nation. Under this government scheme, the unemployed youth of the nation are provided a loan of Rs.10 to Rs.25 lakh to initiate their own employment. (Unemployed youth offered loans ranging from Rs 10 to Rs 25 lakh to initiate their own employment).

The advantage of this scheme may be availed by the youth of both urban and rural areas of the nation. The central government’s concentration is on providing loans to more and more citizens under the PMEGP Yojana 2024. On this page, you may grab all the details related to this schemesuch as application process, documents, eligibility etc.

PMEGP 2024 Loan Scheme

Under PMEGP scheme, the eligible and interested beneficiaries of the nation who wish to get a loan from the central government to initiate their employment, then they will have to fill in application form under the PMEGP Loan Government Scheme 2024. Only then he can take the advantages under this scheme. Aspirant applying under this scheme should be over eighteen years of age (Aspirant applying should be over 18 years of age.). He may initiate his own employment. Any institution registered under the Societies Registration Act, 1860 can be fixed and applicable for assistance under PMEGP 2024 Yojana. In case a person takes a loan under PMEGP Scheme 2024, then you will also be provided with subsidy on the loan amount as per your category.

It has been planned by the government to postponed the date of the Prime Minister’s Employment Generation Program up to the financial year. For which Rs 13554.42 crore will be invested by the government. This details was offered by the government on 30 May 2024. The expansion of this government scheme will offer employment chances to about 40 lakh people. This details has been offered by the Minister of Micro, Small and Medium Enterprises. The main motive of this scheme is to offer employment chances to the youth of the nation by the launching of micro enterprises in the non-agriculture sector.PMEGP Yojana


PMEGP Scheme 2024 Highlights

Name of the Scheme PMEGP Scheme 2024
Initiated by Central Government
Category Sarkari Yojana
Aim offering loan for employment
Application Process Mode online Mode
official website

The Objective of PMEGP Scheme

The issue of unemployment is very common in the nation’s rural and urban areas. Retaining this in mind, the PMEGP Yojana has been initiated by the government. The main purpose of this government scheme is to offer employment opportunities to the unemployed people of rural and urban areas. Under the PMEGP Scheme loans will be given to all those unemployed people who wish to initiate their employment.

Also Check: NCSC Grievance Management Portal

With the help of this scheme of the unemployment rate will come down and the people of the nation will become self-ancillary. For more updates, you can read the following section.

You May Also Check: PM SHRI Yojana

Parameters of the PMEGP Scheme

The parameters will be planned by the Central Government retaining in view the parameters as shown here:

  • Traditional skills and presence of raw materials
  • Under this government scheme, 75 projects will be awarded by the government in each district.
  • More subsidy will be offered to Female SC, ST, OBC, physically disabled and NER candidates.
  • The whole process of the PMEGP scheme has been completed online by the government.
  • The whole process will be completed online from filling the application form up to the money is credited in the account.
  • backwardness of the state
  • State Population
  • unemployment within the state

You May Also Check PM Kisan Samman Nidhi Scheme

PMEGP Yojana 2024 Subsidy Amount

Category urban area % countryside % own contribution %
General (UR) Category 15% of the total project Price 25% of the total project Price 10% of the total project Price
SC, ST, OBC, Physically Handicapped, Minority, Female, Ex Servicemen, Hill & Border Area, NER etc. 25% of the total project Price 35% of the total project Price 5% of the total project Price

Industries Started PMEGP Scheme 2024

  • food industry
  • agriculture based
  • Engineering
  • chemical based industries
  • Textile Industry (Except Khadi)
  • Forest based industries
  • mineral based industries
  • service industry
  • non conventional energy

Also Check Kisan Credit Card Yojana

Eligibility & Required Documents For PMEGP Yojana 2024

To check the eligibility criteria and necessary documents for PMEGP Scheme’s Registration, you can read the following section:

Eligibility Criteria For PMEGP 2024 Scheme

  • The aspirant should be an Indian resident.
  • Under this scheme, this type of the loan will also be provided to initiate a new business. This loan is not provided to carry forward the old business.
  • The candidate who has taken training from any government institute will be provided first priority in this scheme.
  • The age of the aspirant under this scheme should be more than 18 years.
  • Under PMEGP 2024 Loan Scheme, the aspirant should be qualified in the Class 8th Examination from recognized Board.
  • In case, the aspirant is already getting the advantage of any other subsidy scheme, in fact in that case he is not applicable to get the advantages of Prime Minister Employment Generation Program Loan Scheme 2024 .
  • Cooperative institutions and charitable institutions will also take the advantages of this scheme.

Also Check: Rashtriya Poshan Maah

PMEGP Loan Scheme 2024 Required Documents

  • Aspirant’s Aadhar card
  • pan card
  • Certificate of Educational Qualification
  • mobile number
  • passport size photo
  • caste certificate
  • Address proof

How To Fill the Application Form For PMEGP Scheme 2024?

First Step

  • In the first step, the aspirant has to log on to the official website of the scheme. After going to the official website, the main page will appear in front of you .
  • On this main page you will get the option of PMEGP Option. You have to tap on this alternative. After tapping on the alternative, the next page will appear in front of you.
  • On this page, you will get the option of PMEGP Scheme E -Portal.
  • You have to tap on this option. After tapping on the alternative, you have to click on the alternative of
  • Online Application Form of Individual.
  • Afterward, the registration form will appear on the screen. In the registration form, you should have to fill all the asked details such as Aadhar card number, gender, qualification, mobile number, applicant name, state, district, email, PAN card number, date of birth, address etc.

Second Step

  • After providing all the details, you have to tap on the button of Save Applicant Data. After that take a hard copy of your form and submit it to your nearest DIC or kvic/KVIB under which you have applied for loan.
  • There will be a process of the interview by the nodal agency selected by dic / kvic/ kvib.
  • In case your project is chosen then it will be sent to the bank, all the necessary documents have to be submitted to the bank.
  • The bank will proceed the application and they will verify your project location, the bank will accept the loan.
  • They will get subsequent acception from the bank and submit it in kvic / kvib / dic.
  • Get EDP training, EDP training, training certificate requires to be submitted to kvic/kvib/dic and bank. Your subsidy will be sent to you by the government to the bank.

Important Links:

PMEGP Official Website: Click Here
Our Website (Main Page): Click Here

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