ANNUAL REPORT - Dc Msme

Annual Report
2010-11
Chapter -XII NER
12.10 SCHEMES OF KVIC
BEING IMPLEMENTED IN NER
12.10.1 Prime Minister’s
Employment Generation
Programme: Special attention
to NER has been given while
formulating this programme. Under
this programme, financial assistance
is provided in the form of subsidy
up to 35% (25% for beneficiaries
belonging to General category)
of the project cost (rural areas) to
the beneficiary belonging to North
Eastern States while it is 25% (15% for
beneficiaries belonging to General
category) for urban areas. It is a
significant initiative with attractive
subsidy levels for promoting self
employment through setting up
micro enterprises with special focus
on North Eastern Region. Further,
for setting up a project under
PMEGP, the own contribution of
beneficiaries belonging to NER is
only 5% (10% for general category)
of the project cost.
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Special efforts have been made
by KVIC to provide employment
in NER under PMEGP. In 2009-10,
a total number of 3,720 projects
were assisted by utilizing margin
money subsidy of Rs. 36.53 crore. In
the current year (up to December
2010), 9,902 number of applications
have been recommended by the
District Level Task Force (DLTF)
for assistance under PMEGP of
which 3,051 projects have been
sanctioned by banks involving Rs.
35.31 crore margin money subsidy.
KVIC is taking special efforts to
popularize this scheme through
wide publicity and organizing
workshops in NER. Intensive
monitoring is also done from
the Ministry level to improve the
performance in NER.
12.10.2 Product Development
Design Intervention and
Packaging (PRODIP) Scheme:
Under this scheme, grants up to Rs.
2 lakh for institution/up to Rs. 1 lakh
for individual or 75% of the project
MSME