MINISTER OF MICRO, SMALL AND MEDIUM ENTERPRISES
(SHRI NITIN GADKARI)
(a): Yes, Sir.
(b): Under this scheme, loan is being provided by banks and the margin money subsidy is being disbursed by Ministry of MSME through KVIC. The State/UT – wise detail of margin money subsidy is given annexure –I
(c): During last three years target of margin money subsidy and achievement and estimated bank credit disbursed to youth in Rajasthan is given below :
(Rs. in lakhs)
<pre>
Year Target Achievement
Margin Money disbursement Estimated of bank credit
Margin Money disbursed Estimated achievement of bank credit
2016-17 3500.99 9452.67 4641.60 12532.32
2017-18 4909.26 13255.00 4929.04 13308.41
2018-19 8209.96 22166.89 7199.28 19438.06
</pre>
(d): The following steps are taken by the Government to achieve the targets under PMEGP.
I. To bring in transparency and expedite disbursement of Margin Money under PMEGP scheme, Ministry of MSME has introduced online Margin Money disbursement directly to financing bank branches.
II. 2nd dose of financial assistance has been allowed for expansion/upgrading the existing PMEGP/MUDRA units (for manufacturing units upto 1.00 Cr and for service unit upto Rs.25.00 Lakhs with subsidy of 15% for non NER and 20% for NER and hilly state).
III. Association of NSIC, MSME-DIs and Toll Rooms for providing necessary handholding and monitoring support to beneficiaries.
IV. To boost the marketing of KVI product, 10% of financial allocations for trading activities i.e. business/trading activities in the form of sales outlets will be permitted in NER, LWE – affected districts and A&N lsland.
V. Retail outlets/business - selling Khadi products, Village Industry products procured from Khadi and Village Industry Institutions certified by KVIC and products manufactured by PMEGP/SFURTI units only permitted under PMEGP across the country upto 10% of the total financial allocation.
VI. Awareness camps, workshops, Bankers Meetings and exhibitions at all levels are being organized in order to propagate the PMEGP scheme for the development of micro industries.
VII. Coir activities are included under the scheme and Coir Board has been made as an implementing agency.
VIII. Process of Geo-tagging of all the units is initiated.
(e): Government has made assessment of the achievements under PMEGP through following means:
• As per approved guidelines of the PMEGP scheme, 100% physical verification is mandatory. Physical verification of the actual establishment and working status of each of the units, financed under PMEGP is carried out through the outsourced agencies selected for conducting physical verification which is conducted after completion of 24 months of setting up of units and before 36 months.
• Scheme has been evaluated by Management Development Institute (MDI), Gurgram, major observations of the evaluation are;
a. Scheme has been able to provide Sustainable Employment.
b. Average Employment Per Project – 7.62 persons
c. Average Cost of Generating Unit Employment – Rs. 96,209
d. Average Cost per Project - Rs. 7,33,423
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