Both the central and state governments have implemented various schemes to generate employment. The government uses these programs to launch a variety of skill development programs and to provide low-interest loans. The CM Self Employment Scheme (CMEGP) was implemented by the Karnataka government to raise self-employment opportunities in the state. The Karnataka Government is implementing this scheme in partnership with the Joint Director of the Department of Industries and Commerce (DIC) and the Karnataka Khadi and Village Industries Board District Officers (KVIB). The government will subsidize loans for service and manufacturing activities under this program. Read below to check the detailed information related to Karnataka CM Self Employment Scheme 2023 like Highlights, Objectives, Features, Benefits, Eligibility Criteria, Application Procedures, Application Status, and much more.
About Karnataka CM Self Employment Scheme
Through the CMEGP program, the government provides a loan subsidy to rural entrepreneurs so that they can start a new business. The government would provide interest subsidies on loans up to the maximum project price of Approximately 10 lakh under this scheme. The highest subsidy available to general category recipients is 25%, with a cap of Rs 2.50 lakh. The maximum subsidy available to special category beneficiaries (SC/ST/OBC/MIN/PHC/ex-servicemen/women) is 35 percent up to Rs 3.50 lakh. To enjoy the benefits of this plan, the promoter’s general category contribution must be 10% of the cost of the project, and the special category contribution must be 5% of the cost of the project. This plan will only be available to unemployed youth in rural areas. Aside from that, this scheme’s benefits are only available to new units.
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Highlights of Karnataka CM Self Employment Scheme
| Scheme Name | Karnataka CM Self Employment Scheme |
| Initiated By | Government of Karnataka |
| Beneficiary | Karnataka Citizens |
| Objective | To Provide Interest Subsidy |
| Official Website | Click Here |
| Year | 2023 |
| State | Karnataka |
| Mode Of Application | Online/Offline |
Objectives of Karnataka CM Self Employment Scheme
The Karnataka CM Self Employment Schemes’ main goal is to provide interest subsidies on loans limited to a total of Rs 2.50 lakh in the general category and Rs 3.50 lakh in the special category. To be eligible for this program, the project must have a maximum cost of Rs 10 lakh. This program was designed in such a manner that it would result in the creation of both primary and secondary jobs. With the help of this scheme, the state’s unemployed youth will be able to get interest subsidies on loans, which will encourage them to start their businesses. This plan will also help the state’s rate of unemployment. The state’s youths will become self-sufficient as a result of the implementation of this scheme. The following is the goal of the CM Self-Employment Scheme
- Karnataka’s goal is to increase employment opportunities
- To promote and encourage self-employment throughout the state
- Encourage Karnataka’s rural youth
- To provide training for aspiring entrepreneurs
Benefits and Features of Karnataka CM Self Employment Scheme
Some of the key benefits and features of the scheme are as follows:
- Karnataka CM Self Employment Scheme Benefits
- Karnataka’s government has initiated the Karnataka CM Self Employment Scheme.
- The government will provide interest subsidies on loans up to a maximum project cost of Rs 10 lakh under this scheme.
- This scheme’s benefits are only available if the loan is used for services and manufacturing activities.
- The maximum subsidy currently offered to general category recipients is 25%, with a limit of Rs 2.50 lakh.
- The maximum subsidy currently offered to special category recipients is 35%, with a limit of Rs 3.50 lakh.
- In the general category, the promoter’s contribution must be 10% of the project costs, and in the special category, it must be 5% of the project costs.
- Unemployed youth in rural areas would be able to take full advantage of this program.
- Only new units are eligible for this scheme’s benefits.
Eligibility Criteria
Applicants who want to apply for the Karnataka CM Self Employment Scheme must fulfill the eligibility criteria put forward by Karnataka. The eligibility criteria for the Scheme are as follows:
- This scheme is only available to one member of the family at a time.
- It is necessary to take a one-week entrepreneurial development course. If the applicant has already completed the training course, he or she will be exempt.
- This program has no income restrictions
- For the general category, the applicant’s age must be between 21 and 35 years old
- For special categories such as SC/ST/OBC/MIN/ex-servicemen/PHC/women, the applicant’s age must be between 21 and 45 years old
- Only Karnataka’s rural unemployed youths will be able to reap the benefits from this scheme.
- The benefits of this scheme are only available to new initiatives.
Required Documents
While filling up the application form for Karnataka CM Self Employment Scheme, some important documents will be needed by the applicants, make sure to keep them handy. The documents required for Karnataka CM Self Employment Scheme are as follows:
- Recent passport-size photograph
- Detailed project report (DPR)
- Voter ID/Ration Card
- Educational qualifications
- Age proof
- EDP Training Certificate if any
- Ex-servicemen certificate
- Rural certificate for the proposed unit
- Permission from Gram Panchayat
- List of machinery to be purchased
- Caste Certificate in case of SC, ST, OBC, MIN
- Physically handicapped certificate
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Steps to Apply for Scheme 2023 Online
Applicants need to follow the below-given steps to apply for the Karnataka CM Self Employment Scheme 2022 online:
- First of all, go to the Karnataka CM website.
- The homepage of the website will open on the screen.
- Click on Apply Online link
- Once you will click on the link, a new page will open on the screen
- Now, select the agency and enter your Aadhar number
- After that click on the proceed button and the application form will open on the screen
- Now, fill in the form with all the required details like Name, Email ID, Mobile Number, Address, date of birth, father’s name, caste, pin code, etc
- After that upload all the required documents
- Now, review and recheck the application form to avoid any mistakes
- After that, click on the Save button and then take the printout of the application form
- Now, submit this application form along with a detailed project report and all the required documents to the respective office
Steps to Apply for Karnataka CM Self Employment Scheme 2023 Offline
Applicants need to follow the below-given steps to apply for the Karnataka CM Self Employment Scheme 2022 offline:
- First of all, go to the official website of the Chief Minister self Employment generation program
- The homepage of the website will open on the screen.
- Click on the Downloads tab
- A new page will open on the screen
- Click on the CMEGP Application Form (ANNEXURE-1)
- An application form will open on the screen
- Download the application form and take out its printout
- Now, fill in the form with all the required details
- After that, attach all the required documents with the application form
- Now, review and recheck the application form to avoid any mistakes
- Finally, submit this application form along with a detailed project report and all the required documents to the respective office
Steps to Login on the Portal
Applicants need to follow the below-given steps to Login on the Portal
- First of all, go to the official website of the Chief Minister self Employment generation program
- The homepage of the website will open on the screen.
- Click on the Login tab
- Once you will click on the Login button, the login page will open on the screen
- Now, enter your registered User Name and the Password
- After that enter the captcha code
- Finally, click on the login button to get logged in to your registered account.
Steps to Edit the Karnataka CM Self Employment Scheme Application Form
Applicants need to follow the below-given steps to edit the CM Self Employment SchemeApplication Form
- First of all, go to the official website of the Chief Minister self Employment generation program
- The homepage of the website will open on the screen.
- Click on the Edit Application tab
- A new page will open on the screen
- Enter your Application ID
- After that, click on the search button
- An application form will open the screen
- Click on the edit option and make the desired changes in your application form
- Finally, click on the Save button
Steps to check the Karnataka CM Self Employment Scheme Application Status
Applicants need to follow the below-given steps to check the CM Self Employment SchemeApplication Status
- First of all, go to the official website of the Chief Minister self Employment generation program
- The homepage of the website will open on the screen.
- Click on the Application Status tab
- A new page will open on the screen
- Now, enter the Application ID and the Captcha Code
- Finally, click on the view button to check the CM Self Employment Scheme Application Status
Contact Us
For further details or in case of any query or complaint related to the Karnataka CM Self Employment Scheme, feel free to contact at the below-given details:
- Email id: jointdirector.ri@gmail.com
- Contact Number: 080-22386794