Step by Step Procedure to avail PMEGP Loan and Subsidy
- Conceive a business idea to start a new enterprise in manufacturing or service sector.
- Identify suitable location, building, plant and machinery etc. …
- Make a Project Report/ Business Plan, so that you can enter the details in the application.
Likewise, people ask, how do you write a project profile?
Step 1 − Use T-code: OPSA or go to SPRO → IMG → Project Systems → Structure → Operative Structures → Work Breakdown structure → Create Project Profile. Step 2 − To create a new profile, click New Entries on Project Profile Overview screen.
Beside this, is poultry farming comes under Pmegp?
(b) Any Industry/business connected with cultivation of crops/plantation like Tea, Coffee, Rubber etc sericulture (cocoon rearing), Horticulture, Floriculture. Value addition under these will be allowed under PMEGP. Any industry/business connected with Animal Husbandry like Pisciculture, Piggery, Poultry etc.
What do you write in a project profile?
A report typically has four elements:
- Executive Summary. …
- Introduction: Provide a context for the report and outline the structure of the contents. …
- Body: It’s now time to put your writing skills to work! …
- Conclusion: Bring together the various elements of the report in a clear and concise manner.
It is implemented jointly by the DIC (District Industries Centre), KVIC (Khadi and Village Industries Commission) and KVIB (Khadi and Village Industries Board).
The objective of Entrepreneurship Development Programme (EDP) is to provide orientation and awareness pertaining to various managerial and operational functions like finance, production, marketing, Taxation, enterprise management, banking formalities, bookkeeping, etc.
VIII) Lock in Period for subsidy – 3 years i.e. subsidy can be adjusted to borrowers account after period of three years and shall be returned if the account becomes a Non Performing Asset (NPA).
The PMEGP loan limit is from Rs. 9.5 to Rs. 23.75 lakh. … Banks provide the balance amount of the project’s cost as a term loan.
As per RBI guidelines the project costing upto Rs. 10.00 lakhs under PMEGP loans are free from collateral security. The CGTSME provided collateral guarantee for the project beyond Rs. 5.00 lakhs and upto Rs. 25.00 lakhs under PMEGP scheme.
3.1 What is a Project Profile? … In addition to defining the purpose and ownership of the project, it presents a first estimate of the activities involved and the total investment that will be required, as well as the annual operating costs and, in the case of income generating projects, the annual income.
The project reports should be like conference papers: concise and focussing on what you did. Format: Use 1 inch margins (left and right), 1 inch margins (top and bottom), 11 point times font for the main text, and use 10 point courier font for computer code.
Project Report, as name suggest, is simply report that provide general state of project and contain information regarding economic, technical, financial and managerial aspects.
|Project Report||Project Proposal|
|It does not have a specific format.||It does have a specific format.|
Following business comes under PMEGP:
- Food processing units using agriculture-based products as raw materials.
- Forest-based products.
- Mineral, chemical, polymers-based products.
- Handmade fibers and paper.
- Textile products.
- Rural engineering.