Article · Scheme page

Prime Minister's Employment Generation Programme (PMEGP)

myScheme, Government of India · myscheme.gov.in Free Beginner India

The government's scheme summary for PMEGP, a credit-linked subsidy for setting up a new micro-enterprise, run by KVIC, with the subsidy rates and project cost limits.

  • General category: you put in 10%, and the subsidy is 15% of project cost in urban areas, 25% in rural.
  • Special categories, including women: 5% contribution and 25% urban or 35% rural subsidy.
  • Project cost limits are Rs 50 lakh for manufacturing and Rs 20 lakh for business or service units.
Open on myscheme.gov.in ↗

The question it answers

  1. Are there government loan schemes (CGTMSE, MUDRA, PMEGP) I should know about before going to a bank?

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