Telangana Govt Offer Loans Under PMEGP Scheme For Unemployed

Telangana Government Offer Loans Under PMEGP Scheme For Unemployed in Telangana state

Here is good news for unemployers those who are in need those, who want a little help from the government to move them self in a better way. So there is good news for them that Telangana government is issuing RS. 25 Lakhs loan for un employed under the PMEGP scheme (prime minister’s employment generation program). So this scheme is under the action is only because of our prime minister narander modi because he have announced the scheme PMEGP for un employed aspirants. Under this scheme the Telangana government has been decided to give for about 1 lakhs unemployed youth. There will be a selection from the each district by their criteria and from them Telangana government will be selecting about 10 thousand unemployed youth.

The candidates those who are interested to take this loans can apply online by visiting the official website of PMEGP. The candidate need to visit the official website there they can download the application form by seeing the application form carefully you need to fill it and then need to submit it just be carefully before you submit check all the details you have filled that are correct and attach all the required documents which are mentioned to be attached.

Center which will operate this Scheme in Telangana State:

The scheme will be implemented by the
  1. District industries centers (DICs)
  2. Khadi village industries commission (KVIC) khadi
  3. Village industries boards (KVIBs). 
As in Telangana state the government has already started with this scheme and also with job recruitments. A maximum amount of Rs.25 lakhs and minimum of Rs.5 lakhs will be extended through banks for ventures. The entrepreneurs under the general category can get 25% of the project cast as subsidy amount.

The candidates from special categories like SC, ST, MBC minorities, ex service personnel and differential abele categories will be getting 35% of subsidy amount. This time the government has been paying the full attention and unlike the past years this time the subsidy amount will be given without any delay.

Note: The candidate after submitting the application form will be getting the subsidy amount within two months. There will be a great support from the government and from the manufacturing companies/ units for the better improvement of the business. Government has given the instructions to the banks that the loans must be provided to the candidates as per the mentioned duration of time.

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