Karnataka CM Self Employment Scheme – In order to reduce the unemployment rate, both Central and state governments launch various kinds of schemes. Through these schemes, the government launches various kinds of skill development programs and provides loans at low interest. The Government of Karnataka has also launched the Karnataka CM Self Employment Scheme. Through this scheme, the government will provide subsidies on loans for manufacturing and service activities. This article covers all the important aspects of the Karnataka CM Self Employment Scheme 2024. You will get complete details regarding the application under the Karnataka Chief Minister self Employment Scheme through this article.
About Karnataka CM Self Employment Scheme 2024
The Government of Karnataka has launched Karnataka CM Self Employment Scheme. Through this scheme, the government is going to provide interest subsidies on loans up to a maximum project cost of Rs 10 lakh. The maximum subsidy available for general category beneficiaries is 25% subject to the ceiling of a maximum of Rs 2.50 lakh. The maximum subsidy available for special category beneficiaries (SC/ST/OBC/MIN/PHC/ex-servicemen/women) is 35% subject to a ceiling of a maximum of Rs 3.50 lakh. The benefit of this scheme can be availed only if the loan is taken for manufacturing and service activities.
In order to take advantage of this scheme, the promoter’s contribution in the general category should be 10% of the project costs and the special category should be 5% of the project cost. Only unemployed youth in rural areas will be able to benefit from this scheme. Other than that the benefit of this scheme can be availed for new units only.
Objective Of Karnataka CM Self Employment Scheme
The main objective of the Karnataka CM Self Employment Scheme is to provide interest subsidies on loans up to a maximum ceiling of Rs 2.50 lakh for the general category and Rs 3.50 lakh for the special category. In order to take benefit from this scheme, the maximum project cost should be Rs 10 lakh. This scheme is going to generate employment. Now the unemployed youth of the state will be able to get interest subsidies on loans with the help of this scheme which will motivate them to take up self-employment. This scheme will also reduce the unemployment rate of the state. With the implementation of this scheme, the youths of the state will become self-dependent
Details Of Karnataka CM Self Employment Scheme
| Name Of The Scheme | Karnataka CM Self Employment Scheme |
| Launched By | Government Of Karnataka |
| Beneficiary | Citizens Of Karnataka |
| Objective | To Provide Interest Subsidy |
| Official Website | https://cmegp.kar.nic.in/ |
| Year | 2023 |
| State | Karnataka |
| Mode Of Application | Online/Offline |
Benefits And Features Of Karnataka CM Self Employment Scheme
- The Government of Karnataka has launched Karnataka CM Self Employment Scheme.
- Through this scheme, the government is going to provide an interest subsidy on loans up to a maximum project cost of Rs 10 lakh.
- The maximum subsidy available for general category beneficiaries is 25% subject to the ceiling of a maximum of Rs 2.50 lakh.
- The maximum subsidy available for special category beneficiaries is 35% subject to a ceiling of a maximum of Rs 3.50 lakh.
- The benefits of this scheme can be availed only if the loan is taken for manufacturing and service activities.
- The promoter’s contribution in the general category should be 10% of the project costs and the special category should be 5% of the project cost.
- The unemployed youth of rural areas will be able to benefit from this scheme.
- The benefit of this scheme can be availed for new units only.
Eligibility Criteria
- Only one member of the family can be able to take benefit of this scheme
- One week of entrepreneurship development training is compulsory (exempted if already undergone)
- The age of the applicant must be between 21 years to 35 years for the general category and 21 years to 45 years for special categories like SC/ST/OBC/MIN/ex-servicemen/PHC/women
- There is no income limit under this scheme
- The benefit of this scheme can be availed for new activities only
- Only rural unemployed youths of Karnataka can be able to take benefit of this scheme
Required Documents
- Application with a recent passport-size photo
- Project report
- Age proof
- Educational qualification documents
- EDP Training Certificate if any
- Voter ID/ration card copy
- The rural certificate for the unit proposed
- Permission from gram Panchayat
- List of machinery to be purchased
- Caste certificate for OBC/SC/ST/MIN
- Physically handicapped certificate
- Ex-servicemen certificate
- I.E.M – 1
Procedure To Apply Online Under Karnataka CM Self Employment Scheme
- First of all, go to the official website of the Chief Minister self Employment generation program
- The home page will open before you
- On the homepage, you should click on the apply online option.
- A new page will appear before you
- On this page, you have to select an agency and enter your Aadhar number
- Now you have to click on proceed
- After that application form will display before you
- You have to enter your name, father’s name, caste, date of birth, mobile number, email id, address, pin code etc
- After that you have to upload all the required documents
- Now you have to click on save
- After that you have to take printout of the completed application form
- Now you have to submit this application form along with detailed project report and supporting documents to the respective office
- By following this procedure you can apply online under Karnataka CM self employment scheme
Apply Offline Karnataka CM Self Employment Scheme
- Go to the official website of Chief Minister self Employment generation programme
- The home page will open before you
- Now you are required to click on downloads
- After that you have to click on CMEGP Application form
- Application form will appear on your screen
- You have to download this application form
- Now you have to take a printout of it
- After that you have to fill this application form by entering all the required details
- Now you have to attach all the required documents
- After that you have to submit this form to the respective office
- By following this procedure you can apply offline under Karnataka CM self employment scheme
Procedure To Login On The Portal
- Visit the official website of Chief Minister self Employment generation programme
- The home page will open before you
- On the home page you are required to click on login
- A new page will appear before you
- On this page you have to enter your username password and captcha code
- After that you have to click on login
- By following this procedure you can login on the portal
View Dashboard
- First of all go to the official website of Chief Minister self Employment generation programme
- The home page will open before you
- Now you should click on dashboard Option
- A new page will appear before you
- On this page you can view dashboard
Edit Application Under Karnataka CM Self Employment Scheme
- Go to the official website of Chief Minister self Employment generation programme
- The home page will open before you
- On the homepage you are required to click on edit application
- A new page will appear on your screen
- You have to enter your application ID on this new page
- After that you have to click on search
- Your application will open on your screen
- You have to click on the edit option
- Now you can make changes in your application
- After that you have to click on save
- By following this procedure you can edit application
Print Application Under Karnataka CM Self Employment Scheme
- Visit the official website of Chief Minister self Employment generation programme
- The home page will open before you
- Now you are required to click on print application
- After that a new page will appear before you
- You have to enter your application ID and captcha code on this new page
- After that you have to click on view
- Your application will appear on your computer screen
- You have to click on the print option in order to print it
View Karnataka CM Self Employment Scheme Application Status
- First of all, go to the official website of the Chief Minister self Employment generation program
- The home page will open before you
- On the homepage, you are required to click on application status
- After that you have to enter application ID and captcha code
- Now you have to click on view
- Your application status will be on your computer screen
Important Downloads
- Go to the official website of Chief Minister self Employment generation programme
- The home page will open before you
- Now you are required to click on downloads
- A New page containing the list of downloads will appear on your screen
- You have to click on the option of your choice
- A PDF file will appear on your screen
- You have to click on the download option in order to download it
Contact Details
- Email– jointdirector.ri@gmail.com
- Contact number- 080-22386794
- details of district industries centre- click here
- Contact details of karnataka khadi and village industries board– click here