PMEGP

Question 1

What is PMEGP ?

Answer 1

PM Employment Generation Program

Question 2

Under this scheme, what percentage of project cost is sanctioned by the banks ?

Answer 2

90% – for general category

95% – for special category

Question 3

What is the maximum project cost for manufacturing sector ?

Answer 3

Rs 1cr

Question 4

What is the maximum project cost for business/service sector ?

Answer 4

Rs 25 lakhs

Question 5

How much amount is earmarked every year towards subsidy disbursement ?

Answer 5

Rs 100 cr per year for upgradation of existing PMEGP/REGP/MUDRA units

Question 6

What is the max guarantee cover for startups under Credit Guarantee scheme for startups (CGSS) ?

Answer 6

Rs 10cr