a) PROFILE
The Andhra Pradesh Khadi& Village Industries Board, Nellore is situated in District Industries Centre, A.K.Nagar, Nellore.
Andhra Pradesh Khadi and Village Industries Board has been formed in the year 1959 with a motive to encourage the Rural Artisans in sitting up of tiny and small scale industries and to generate more employment potentiality in Rural and remote villages until 1997-98. Andhra Pradesh Khadi and Village Industries Board has financed to a number of artisans under various trades Viz., Pottery, Lime Kilns, Stone cutting, Leather, Carpentry and Black smithy, Basket making, chalk pieces making, leaf plate making, cottage match, cereals & pulses broom stick making with which many artisans in Rural areas were benefited for their day-to-day livelihood.
Government of India had in August 2008, approved the introduction of a new credit linked subsidy programme called Prime Minister’s Employment Generation Programme (PMEGP). It was launched by merging the two schemes that were in operation til 31st March 2008, namely Prime Minister’s RojgarYogana (PMRY) and Rural Employment Generation Programme (REGP for generation of employment opportunities through establishment of micro enterprises in non-farm sector for rural as well as urban areas. PMEGP is in operation since 2008-09 and has been approved for continuation over the 18th Finance Commission cycle i.e., for the period of five years from 2021-22 to 2025-26.
PMEGP is a central sector scheme being administered by the Ministry of Micro, Small and Medium Enterprises (Mo MSME). The scheme is being implemented by Khadi and Village Industries Commission (KVIC), a statutory organization under the administrative control of the Ministry of MSME as the single nodal agency at the National level. At the state level, the scheme is implemented through State offices of KVIC, State Khadi and Village Industries Boards (KVIBs), District Industries Centres (DICs), Coir Board (for coir related activities) and Banks.
The Government subsidy under the scheme is routed by KVIC through the nodal Bank to the Financing Bank branches & subsequently transferred to the beneficiary account after completion of lock-in period based on the outcome of the physical verification report.
b) OBJECTIVES:
i) To generate employment opportunities in rural as well as urban areas of the country through setting up of new self-employment ventures / projects / micro enterprises.
ii) To increase the wage-earning capacity of workers and artisans and contribute to increase in the growth rate of rural and urban employment.
c) Quantum and Nature of Financial Assistance
Levels of funding under PMEGP
| Categories of beneficiaries under PMEGP (for setting up of new enterprises) |
Beneficiary’s Contribution (of project cost) | Rate of Subsidy (of project cost) | |
|---|---|---|---|
| Area (location of project/unit) | Urban | Rural | |
| General Category | 10% | 15% | 25% |
| Special Category (including SC, ST, OBC, Minorities, Women, Ex-servicemen, Transgender, Differentiable, NER, Aspirational Districts, Hill and Border areas (as notified by the Government) etc., | 05% | 25% | 35% |
Note:
1) The maximum cost of the project / unit admissible for Margin Money subsidy under manufacturing sector is Rs.50 lakhs
2) The maximum cost of the project / unit admissible for Margin Money subsidy under Business / Service sector is Rs.20 lakhs.
d) IDENTIFICATION OF BENEFICIARIES:
i) Any individual above 18 years of age
ii) There will be no income ceiling for assistance for setting up projects under PMEGP
iii) For setting up of project costing above Rs.10 lakh in the manufacturing sector and above Rs.5 lakh in the Business / Service sector, the beneficiaries should process at least VIII standard pass educational qualification.
iv) Assistance under the scheme is available only for new projects sanctioned specifically under the PMEGP.
v) Existing units (under PMRY, REGP or any other scheme of Government of India or State Government subsidy under any other scheme or Government of India or State Government are not eligible.
e) Bank Finance
1) The Bank will sanction 90% of the project cost in case of General Category of beneficiary and 95% in case of Special Category of the beneficiary and disburse full amount suitably for setting up of the project.
2) For Manufacturing units, Working Capital component should not be more than 40% of the Project cost and for units under Service / Trading sector, the Working Capital shall not be more than 60% of the project cost.
f) ORGANIZATION CHART :
g) CONTACTS
| Sl.No. | Name of the Employee | Designation | Phone Number |
|---|---|---|---|
| 1. | P Prasanna Lakshmi | Deputy Director | 9440814625 |
| 2. | K Sridevi | Data Entry Operator | 9700261885 |
| 3. | G Ashok | Office Subordinate | 9492729421 |