What is CMEGP
Government of Maharashtra has approved the introduction of a new credit linked subsidy programme called Chief Minister Employment Generation Programme (CMEGP) for generation of employment opportunities through establishment of Micro & Small Enterprises in rural as well as urban areas in the state.
Objective of the scheme
To establish 1,00,000 Micro and Small Enterprises in the next five years and achieve employment opportunities to 8-10 lakh youth in the State. The target for the first financial year 2019-20 is to establish 10,000 enterprises in the State.
Quantum and Nature of Financial Assistance, funding under CMEGP:
Approx. Benefits of the Scheme
Project Cost : Rs. 50,00,000/-
Project Location : Rural
Applicant : Women
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