DC to chair DLTFC meet on PMEGP on May 17

Port Blair
11 May 2017

The District Level Task Force Committee (DLTFC) on Prime Minister’s Employment Generation Programme (PMEGP), pertains to District Industries Centre, Department of Industries, will be held at 10 am on May 17 under the chairmanship of the Deputy Commissioner, South Andaman in the conference hall of District Office.
Any individual, above 18 years of age are eligible under the scheme. There will be no income ceiling for assistance for setting up projects under PMEGP. For setting up of project costing above Rs.10 lakh in the manufacturing sector and above Rs.5 lakh in the business/service sector, the beneficiaries should possess at least VIII standard pass educational qualification. The financial assistance is available only for new projects under the scheme.
The beneficiaries’ contribution in the project cost are 10% for the General category and 5% for the special category including ST, OBC, Women, Ex-servicemen, Physically handicapped etc. The rates of subsidy of the project cost are 15% for the general category and 25% for the special category in urban area. Whereas, 25% for the general category and 35% for the special category in Rural area. The maximum cost of the project/unit admissible under manufacturing sectors is Rs. 25 lakh, Service sector is Rs.10 lakh and under business/trading sector is 3 lakhs. Implementing Branches of the Projects are all the Nationalized Banks & ANSCB of the UT.
All the applicants of urban area of entire Municipality and in rural areas of Neil and Havelock Islands who have submitted their loan applications to the District Industries Centre, Udyog Parisar, Middle Point, Port Blair, South Andaman are requested to attend the DLTFC meeting on the date, time & venue mentioned above along with Local certificate, Ration Card, Aadhaar Card, Educational Qualification Certificate and other essential documents.
Further, all the prospective entrepreneurs who intend to set up self employment ventures under manufacturing, service and business sector duly availing finance under the PMEGP scheme may file and submit their applications online directly through website –www. kviconline.gov.in and submit the hard copy to DIC for placing before the DLTFC for consideration. The selected applications will be forwarded to the concerned banks for financial assistance under the scheme.  More details can be obtained from the District Industries Centre, Udyog Parisar, Middle Point, Port Blair, South Andaman or over phone 03192-232601.