PMEGP Telangana – Government of Telangana offering PMEGP loans upto 25 Lakhs for Unemployed youth…..
A number of India’s social schemes have popped up over the last couple of years to look into the needs of citizens. After all, everyone is unique and proficient in their own way, and some need a lending hand from the schemes to change their lives for the better. Every now and then, new schemes emerge from the Indian government through the Ministry of MSME (Micro Finance), all aimed at making sure citizens succeed in life. One of the most notable schemes at the moment is the Prime Minister Employment Generation Programme (PMEGP).
Telangana government decided to give loans for about 1 Lakh unemployed youth under the Prime Minister’s Employment Generation Programme (PMEGP). About 10 thousand youth will be selected from each district under this scheme. Under this scheme government cleared the hurdles for receiving online applications and also made the procedures for immediate sanctions. For this government already instructed the concerned officers to chalk out the plans.
The scheme will be implemented by the District Industries Centre (DIC), Khadi Village Industries Commission (KVIC) and Khadi and Village Industries Boards (KVIB). As already the Telangana government started the state job recruitment now it is also trying to tap the PMEGP scheme to help the youth of the state.
A maximum financial assistance of Rs.25 lakh and a minimum of Rs.5 Lakhs would be extended through banks for ventures. All the Prospective entrepreneurs under the general category can avail 25 per cent of the project cost as subsidy. All the applicants from SC / ST, MBC, minorities, ex-service personnel and differently abled categories, 35% subsidy will be given. Unlike the past, the government now wants to give the subsidy as soon as possible without any delays.
Documents Needed to Apply for a PMEGP Telangana Loan
If you meet the eligibility criteria, you can move on to the next step, which is the application part. To have a smooth ride, below is a list of documents you need to apply for a PMEGP Telangana loan.
- Caste or community certificate.
- Aadhaar card
- PAN card
- Total cost of the project including a break-up of the working capital requirements and capital expenditure
- Special category certificate, if needed
- Authorization letter
- Rural area certificate
- Certificate from the controlling office of the bank clearly outlining the need for working capital
- A claim to the appropriate subsidy
PMEGP Loan Telangana Notification will be released on 28th
A notification related to this will be released by the government on 28th of this month. All the applications must be submitted through online. The selection will be completed within a month span. All the subsidies to the concerned projects will be released in two months. Manufacturing units will be given higher loans and there will be support from government for their business improvement. Government also instructed the banks to provide loans as per the prescribed time duration.
24 thoughts on “PMEGP Telangana Govt offer loans upto 25 Lakhs for Unemployed youth”
Thanks sir one type help to start life Ap also provide this system Thanks
Sir I don’t have any job sir I want do any bussines n help my family sir plz grant me loan sir thank you sir.
Hi, Sir for last 1year I m facing financial problems in my business this best system ever see in India it is a big help you r doing to make our India better then any country thank you very much md Akif Khan Hyderabad Telangana
Thanks a lot to Telangana government for their great support to unemployed youth to start their own business.
Dear Sir, Thank you very much for declaring the scheme, would you kindly suggest us to whom we shall contact, I Mean which department of the Government shall we approach???
Please let me know the last date of submission of this form and what is KVIC, KVIB and DIC?
This is the another way for development of telengana.and very useful to us
sir, i am waiting for my lone from 1year.To start the new business.
now i am working under some other person.
weather my lone was approved , i could have started my own business.
i want to stand on my woe legs…………
please do the needful thing as soon as possible. .
Ok good but please sir banker co operate for iam ask please give to them serious orders
Telangana Govt to offer loans upto 25 Lakhs for Unemployed youth under PMEGP”
It is very much help if its works in practical
my name is shivabhupathi I am from telangana state.adilabad dist.nirmal rular town lives in nirmal.municipality bhagyanagar.I want business loan 500000 my graduation is 10th(or)intermediate complete now I am studying degree 2ndyear
sir I need loan for complete my cirumstances and to reach my goal s and desire hopeyu understand and approve my request
I’m unemployed for past two year my name is Hussain iam MBA graduate please tell the exact details of loan procedure to whom to meet and we’re to meet it will helpful to needy people.
Sir, I have a proposal to start a industry of inter connecting companies for the verification of their newely hired candidates. I am an under graduate belongs to SC. What is the procedure to apply for loan under self employment scheme
hello sir my name is kavitha please tell the exact details of loan procedure.i got love marriage 4 months back im in very much need sir please help me sir i wanna start small business .
Thankyou so much..
Its very help to the youth to stand their on own feet..
Could you please provide me the details whom should we contact to get this loan..
Great scheme for telangana development
Thank u so much sir…
Dear sir, i need loan sir iam intreasted in farming sir so plz grant me sir.
Thank you sir.
Sir I want loan .banks not supported sir ma lanti loan podalante amcheyali sir maku alanti lands levu sir Naku business cheyalani vundi Naku subsidy rupamlo loan este baguntadi sir I request sir please sir give impermation .Naku loan approval cheyandi sir
Sir are any kind of loan’s available to Christians to.
never seen one getting a loan from govt side.
and kindly mention how and where can we apply for such loan’s.
please instruct how to apply.
kindly help out the needy.
Need business loan to start up.so do the needful help to commence.sincere thanks
Sir I will unemploy so i think start to a any one business so i will try to sanction for load for 3 lakhs
Sir iam start to aadhar center&meeseava center so plz sancened to under pmegp lone.
Need help to start a small business nd to help nd support my family am Christian thank u looking forward
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