PMEGP Flashcards
1
Q
What is PMEGP ?
A
PM Employment Generation Program
2
Q
Under this scheme, what percentage of project cost is sanctioned by the banks ?
A
90% – for general category
95% – for special category
3
Q
What is the maximum project cost for manufacturing sector ?
A
Rs 1cr
4
Q
What is the maximum project cost for business/service sector ?
A
Rs 25 lakhs
5
Q
How much amount is earmarked every year towards subsidy disbursement ?
A
Rs 100 cr per year for upgradation of existing PMEGP/REGP/MUDRA units
6
Q
What is the max guarantee cover for startups under Credit Guarantee scheme for startups (CGSS) ?
A
Rs 10cr