This scheme is started by Khadi and Village Industry Commission on 15th August, 2008. This scheme is an important scheme of self employment totally sponsored by Government of India, the implementation of which is being done by three agencies in the state viz., District Industry Centre, Khadi and Village Industry Commission and UP Khadi and Village industry Board. Government of India has nominated Khadi and Village Industry Commission (KVIC) as Nodal Agency for implementation of this scheme at national level. Government of India has decided share in the ration of 40:30:30 among the 03 agencies. According to this, the target is allocated among the three agencies.
This scheme is being implemented by UP Khadi and Village industry Board in rural area of the state. Loan for setting up project up to Rs.25 lakh is sanctioned by the bank to rural unemployed person/institutions.25% of the project cost as Margin money is made available to beneficiary of general category in the form of interest free loan from the budget of Khadi and Village Industry Commission which is converted into grant after successful running for three years. There is provision to provide35% Margin money to beneficiary of SC, ST, Other backward, Minority, Women, Ex-Military, Physically handicapped category. In addition to this, entrepreneur of general category,10% of the project cost is to be born by the entrepreneur himself and 5% by the entrepreneur of SC,ST, Other backward, Minority, Women, Ex-Military, Physically handicapped entrepreneur.
Level of Government Subsidy under the Scheme
| Sl.No. | Category Of Beneficiary under Prime Minister’s Employment Generation Program | Admissible Rate of Subsidy | |
|---|---|---|---|
| Rural | Urban | ||
| 1 | General category | 25% of the project cost | 15% of the project cost |
| 2 | Reserved category(SC,ST, Other backward, Minority, Women, Ex-Military, Physically handicapped) | 35% of the project cost | 25% of the project cost |
| Sl.No. | Year | Aim | Supply | Per Unit average investment (in Lakhs) | |||||
|---|---|---|---|---|---|---|---|---|---|
| Established E.S. |
fund Investment (in crore) |
Employment in number |
Khadi Money received from the Commission (in crore) |
||||||
| E.S. | मा० Money (in crore) |
Employment | |||||||
| 1 | 2013 | 2475 | 41.36 | 29712 | 1499 | 145.62 | 14990 | 46.60 | 9.71 |
| 2 | 2014-15 | 3105 | 39.72 | 24840 | 1495 | 159.46 | 14950 | 48.32 | 10.66 |
| 3 | 2015-16 | 1793 | 35.86 | 14344 | 1253 | 130.00 | 12530 | 39.04 | 10.37 |
| 4 | 2016-17 | 2806 | 56.12 | 22448 | 2035 | 187.47 | 20350 | ||
| S.No. | Financial year | Total Investment (Lakh in ₹) | Established units | Employment | Description |
|---|---|---|---|---|---|
| 1 | 2017-18 | 15261.00 | 1677 | 14080 | - |
| 2 | 2018-19 | 19140.00 | 1849 | 20415 | - |
| 3 | 2019-20 | 32700.00 | 2363 | 27957 | - |
| 4 | 2020-21 | 54544.00 | 4143 | 43118 | - |
| 5 | 2021-22 | 65056.00 | 5058 | 49009 | - |
| 6 | 2022-23 | 50225.76 | 5289 | 48381 | - |
UP Khadi and Village Industry Board is implementing Chief Minister Employment Program of district sector and Prime Minister Employment Generation Program of Khadi and Village Industry Commission, the details of which is given below:
| Sl.No. | Particulars | Prime Minister Employment Generation Program |
|---|---|---|
| 1 | Means of Finance | National /Regional Rural Bank |
| 2 | Maximum limit of loan | Rs.25 lacs |
| 3 | Entrepreneur share | 10% for beneficiary of General category and 5% for SC,ST, Other backward, Minority, Women, Ex-Military Person Physically handicapped |
| 4 | Interest on loan | Fixed by bank |
| 5 | Interest payable by Entrepreneur | Fixed by bank |
| 6 | Interest subsidy | -- |
| 7 | Period of loan recovery | Fixed by bank |
| 8 | Margin Money subsidy | 25% of the project cost up to Rs.25 lakh for beneficiary of general category and 35% for other reserved category. |
| 9 | Availability of application form | Office of District Village Industry. |
| 10 | With Loan application form | 2 copies of loan application form. |
| 11 | Required Documents | Certificate of Educational/Technical Education/Training, Certificate issued by Gram pradhan, Passport size photo, Evidence of Security for safety of bookable project loan of the industry, Certificate of age limit. |
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