DIRETORATE OF PMEGP KHADI AND V.I.COMMISSION 3 IRLA ROAD, VILE PARLE (W), MUMBAI No.PMEGP/Policy/2016-17 Dt : 20" February, 2017 CIRCULAR Sub : Relaxation of EDP before release of loan installment in respect of Non NER State upto 31.03.2017 only......reg. (HEE Ministry of MSME has reviewed the performance of PMEGP Scheme on 13.02.2017. Various states are lagging behind in the achievement of the targets. There is large pendency of projects sanctioned by Banks but not disbursed because of non-completion of EDP training. As only one month is left during the current financial year, in order to expedite the disbursement of MM Subsidy, it has been decided to relax the condition of conducting EDP trainings before the release of loan in respect of Non-NER States also. The relaxation will be in respect of projects sanctioned by the banks upto 31% March, 2017 only. The banks after sanctioning the loan will release first installment immediately and refer the applicants to RSETIs for EDP. EDP should be completed within one month of disbursement of 1% installment released. 2. In order to carry out above directions all the financing bank branches will have to send a copy of bank sanction letter to respective training centers/RSETIs for follow-up and a copy to be marked to concerned State Director of KVIC for necessary action at their end, 3. The above guidelines will be strictly complied by all concerned. The Directorate of IT has to make further necessary adjustment in the PMEGP online portal to temporarily allow forwarding of MM Claims without asking for EDP certificate. 4. State/Divisional Director of KVIC are requested to comply with the above direction and also communicate the above direction to all concerned including banks, KVIB,DICs etc. The Margin Money disbursement may be immediately stepped up to achieve the set targets of 2016-17. 5. Zonal Dy.CEO may monitor the compliance. This is issued with the approval of competent authority of KVIC. dhe, Dy. Chief Executive Officer (PMEGP) To 1, State/Divisional Director of KVIC 2. National coordinator RSETI, Bengaluru 3. Nodal officer of Banks 4, Zonal In-charges of KVIC Copy to: 1. 3S (ARI), Ministry of MSME, New Delhi- for kind information