Port Blair, Mar 18: District Industries Centre, Department of Industries is one of the implementing agency of Prime Ministers Employment Generation Programme (PMEGP) through out Urban areas of PBMC and in rural Shaheed-Swaraj Dweep and Nancowry group of Islands. Rest of the area of the Islands is implemented by KVIB, Port Blair as per the arrangement made by Ministry of MSME since implementation of the PMEGP scheme. As per PMEGP guidelines, the implementing agencies are forwarding the online applications to the opted bank after due verification and scrutiny of the relevant online information and documents so received online from the candidates. The concerned bank takes the credit decisions for sanction of the online project proposals so received and recommends online for training under Entrepreneurship Development Programme (EDP) before first installment.

To facilitate the financing bank to disburse the first installment of the loan and claim margin money subsidy on the PMEGP online portal without waiting for completion of EDP training, the Ministry of MSME conveyed the approval for relaxation of EDP training for disbursement till 31st March 2021. Now, all the concerned bank can disburse installment of PMEGP loan proposal without waiting for EDP training certificate. The candidates those applied for financial assistance of their projects under PMEGP scheme can approach to their concerned bank to avail the benefit. However, all the pending EDP training pertaining to cases sanctioned upto 31st March 2021 need to be completed during the next quarter by the end of 30th June 2021 either by online or offline mode.
For more one may contact District Industries Centre or KVIB, Udyog Parisar, Middle Point or call over phone no 03192-232601, a press release from District Industries Centre said.