Article · Scheme page

Prime Minister's Employment Generation Programme (PMEGP)

Ministry of MSME, on myScheme · myscheme.gov.in Free Beginner India

The government's own summary of PMEGP, the credit-linked subsidy for new micro enterprises run by KVIC: the subsidy is 15% of project cost in cities and 25% in villages for general applicants, and 25% and 35% for special categories, on projects up to Rs 50 lakh in manufacturing and Rs 20 lakh in services.

  • General applicants put in 10% of project cost; special categories put in 5%.
  • The maximum project cost for the subsidy is Rs 50 lakh for manufacturing and Rs 20 lakh for a business or service unit.
  • Projects costing up to Rs 10 lakh under PMEGP need no collateral, per the page.
Open on myscheme.gov.in ↗

It answers 8 questions

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