Chief Minister's Employment Generation Programme (CMEGP Karnataka)
ಕರ್ನಾಟಕ ಮುಖ್ಯಮಂತ್ರಿಗಳ ಉದ್ಯೋಗ ಸೃಜನ ಯೋಜನೆ
Ministry / Dept: Commerce and Industries Department, Government of Karnataka • Agency: Joint Director, District Industries Centres (DIC) / Commercial Banks
📋 Scheme Objective & Overview
Karnataka state initiative granting 25% to 35% capital subsidy on loans up to ₹25 Lakhs to assist rural and urban youth in setting up micro manufacturing and service units.
💰 Key Financial Benefits & Subsidy Details
- ✓Subsidy: General Category gets 25% subsidy in urban areas and 35% in rural areas.
- ✓Special Categories (Women, SC, ST, OBC, Minorities) get up to 35% subsidy.
- ✓Promoter contribution just 5% for special categories and 10% for general.
- ✓Fast-track processing through Karnataka DIC single-window system.
🎯 Who is Eligible? (Eligibility Criteria)
- •Resident of Karnataka for at least 3 years.
- •Age between 21 to 35 years (up to 45 years for SC, ST, Women, Minorities, Ex-servicemen).
- •Minimum qualification: SSLC (10th standard) pass.
- •Annual family income should not exceed ₹5 Lakhs.
Age Requirement: 21 to 35 years.
Education Qualification: Pass in 10th standard (SSLC)
📑 Mandatory Documents Required Checklist
Scanned PDF / Copies🚀 Step-by-Step Application Procedure
❓ Frequently Asked Questions (Chief Minister's Employment Generation Programme (CMEGP Karnataka))
What is the maximum loan limit under Chief Minister's Employment Generation Programme (CMEGP Karnataka)?
Eligible applicants can avail up to Up to ₹25 Lakhs (Manufacturing) / ₹10 Lakhs (Services) in financial assistance from authorized partner banks.
How much capital subsidy is provided?
The scheme provides 25% to 35% Capital Subsidy (Up to ₹8.75 Lakhs non-refundable grant) credited directly to the loan bank account upon milestone verification.
Is collateral security or mortgage required?
Covered under CGTMSE without collateral.
Ready to apply for Chief Minister's Employment Generation Programme (CMEGP Karnataka)?
Submit your online application through the official government portal.
Apply on Official Portal →Toll-Free Helpline: 080-22262262
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