Government of Maharashtra CMEGP Undertaking Quiz

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I, _____________________________son/daughter/wife of ______________________ residing at________________village ___________post ________________taluka _________________district in Maharashtra State hereby declare that,

Name

I have read and understood the guidelines and terms and conditions of CMEGP Scheme, the eligibility criteria such as Age, Qualification, Domicile of Maharashtra, Own Contribution and definition of Urban/ Rural areas as envisaged in scheme guidelines.

Guidelines

I understand that Directorate of ______ under the aegis of ______ Department, Government of Maharashtra is the Nodal Agency for CMEGP Scheme and that the CMEGP Scheme is being implemented through District ______ Centre (DIC) and KVIB, District offices.

Industries

I understand that application under CMEGP has to be submitted online to DIC and KVIB as per area bifurcation.

Submitted

I understand that my application will be scrutinized by District Level Committee and if found eligible and appropriate will be recommended to respected Banks (Branch).

Application

I understand that District Level Task Force ______ (DLTFC) is the authority to take the decision for recommendation of proposal to Bank.

Committee

I declare that I am not beneficiary of any other subsidy linked self-employment promotion scheme being implemented by Central Govt, State Govt, Corporation etc. It is also certified that the unit proposed to be located at the address given in the application is a new unit and I will be responsible for the ________ and ________ of the asset creation by CMEGP support.

safety, security

I agree and abide by the condition to attend the necessary 'Residence based Entrepreneurship Training Programme (REDP)' of 1 Week (for Service Sector) or 2 weeks (for Manufacturing sector) as defined in the scheme ________.

guidelines

I agree to display the following sign-board at the main entrance of my project site: M/s _ (unit name) Financed by: (Bank) Under CMEGP Scheme implementing by Directorate of Industries, Government of ________.

Maharashtra

I agree to refund the part/full amount of SUBSIDY (subsidy) to financing Bank branch to remit the Government subsidy to DIC or KVIB kept in the TDR in the event of non- fulfilment of scheme guidelines/norms or any discrepancies / malpractices observed during the ________.

process

I agree that DIC or KVIB is a final authority to accept/reject or call back SUBSIDY sanctioned in favour of me if the unit is found to be ineligible to claim SUBSIDY/ or for any reasons whatsoever and in the event, I shall refund the ________.

entire/part

I shall not initiate any legal proceedings against DIC or KVIB before any court of law for rejecting the SUBSIDY claim on any justifiable ground. I declare that I am not beneficiary of any other subsidy linked self-employment promotion scheme being implemented by Central Govt, State Govt, Corporation etc. It is also certified that the unit proposed to be located at the address given in the application is a new unit and I will be responsible for the ________ and ________ of the asset creation by CMEGP support.

safety, security

If the bank has not found financial viability of the project or any other reason/proofs observed during the process as negative/ not to be as mark the proposal may not be finally sanctioned by Bank (Branch). Only one person from one family is eligible for obtaining financial assistance for setting up of projects under CMEGP.The ‘family’ includes self and ________.

spouse

I am fully aware that SUBSIDY is a “one-time assistance” from Government of Maharashtra and is back-ended ________.

subsidy

I agree and abide by the condition that once the SUBSIDY is released in favour of the loanee, it will be kept in the Term Deposit Receipt (TDR) of three years at Financing Branch in the name of the beneficiary.No interest will be paid on the TDR and no interest will be charged on loan to the corresponding amount of ________.

TDR

I agree and abide by the condition that though the SUBSIDY will be released by the concerned DIC or KVIB (sponsoring implementing agency) is the authority to either accept or reject the claim based on the parameters of the ________.

Scheme

I understand that my application will be scrutinized by District Level Committee and if found eligible and appropriate will be recommended to respected Banks (Branch). I understand that application under CMEGP has to be submitted online to DIC and KVIB as per area ________.

bifurcation

I understand that Directorate of ______ under the aegis of ______ Department, Government of Maharashtra is the Nodal Agency for CMEGP Scheme and that the CMEGP Scheme is being implemented through District ______ Centre (DIC) and KVIB, District offices.

Industries

Study Notes

Declaration and Understanding

  • The declarant has read and understood the guidelines and terms and conditions of the CMEGP Scheme, including eligibility criteria, such as age, qualification, domicile, and own contribution.
  • The declarant understands that the Directorate of Industries under the aegis of the Government of Maharashtra is the Nodal Agency for the CMEGP Scheme.

CMEGP Scheme Details

  • The CMEGP Scheme is implemented through District Industry Centres (DIC) and Khadi and Village Industries Boards (KVIB).
  • Applications under CMEGP are submitted online to DIC and KVIB as per area bifurcation.
  • The District Level Committee scrutinizes applications, and if found eligible, recommends them to respected banks.

Eligibility and Conditions

  • The declarant is not a beneficiary of any other subsidy-linked self-employment promotion scheme implemented by the Central Government, State Government, or Corporation.
  • The unit proposed is a new unit, and the declarant is responsible for the creation and maintenance of assets.
  • The declarant agrees to attend the necessary 'Residence-based Entrepreneurship Training Programme' of 1 week (for Service Sector) or 2 weeks (for Manufacturing sector).

Subsidy and Refund

  • The declarant agrees to refund the part/full amount of the subsidy to the financing bank branch in the event of non-fulfilment of scheme guidelines or discrepancies/malpractices.
  • DIC or KVIB is the final authority to accept/reject or call back the subsidy sanctioned in favour of the declarant.

Family Eligibility

  • Only one person from one family is eligible for obtaining financial assistance for setting up projects under CMEGP.
  • The 'family' includes self, spouse, and dependants.

Subsidy and TDR

  • The subsidy is a "one-time assistance" from the Government of Maharashtra and is back-ended.
  • The subsidy will be released in favour of the loanee and kept in the Term Deposit Receipt (TDR) of three years at the Financing Branch in the name of the beneficiary.

Test your knowledge on the mandatory undertaking form required for the Chief Minister's Employment Generation Programme (CMEGP) in Maharashtra. Check how well you understand the guidelines, terms, and conditions of the CMEGP Scheme.

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