Categories of beneficiaries under PMEGP | Beneficiary’s contribution (of project cost) |
Rate of Subsidy (of project cost) | |
Area (location of project/unit) | Urban | Rural | |
General Category | 10% | 15% | 25% |
Special (including SC / ST /OBC /Minorities/Women, Exservicemen, Physically handicapped, NER, Hill and Border areas etc. | 05% | 25% | 35% |
(1) The maximum cost of the project / unit admissible under manufacturing sector is Rs. 25 lakh.
(2) The maximum cost of the project / unit admissible under business / service sector is Rs. 10 lakh.
(3) The balance amount of the total project cost will be provided by Banks as term loan
The Scheme of Capital Investment Subsidy
The scheme of Capital Investment Subsidy for Agro and Food Processing Units Capital Investment Subsidy @ 25% of eligible project cost subject to maximum Rs. 50.00 lakhs for setting up/expansion & diversification/modernization.
Scheme for Back Ended Interest Subsidy on Term Loan.
Assistance of Back Ended Interest Subsidy on the Term Loan for Agro and Food Processing Units. -Back Ended Interest Subsidy @ 7.5% on the Term Loan with maximum amount of Rs. 150.0 Lakhs for a period of 5 years for setting up/ expansion & diversification/ modernization of Agro and Food Processing
Units.
Additional Back Ended Interest Subsidy on Term Loan.
a) 1% additional interest subsidy to SC/ST, physically challenged or women entrepreneurs.
b) 1% additional interest subsidy to entrepreneurs below 35 years age.
Please find attachment-Food agro policy GR
The scheme was launched in oct-2000 with the name credit linked capital subsidy scheme (CLCSS) Assistance Available
15% of investment on eligible plant & machinery with maximum cap of Rs. 15.00 lacs.