Prime Minister's Employment Generation Programme (PMEGP)
Bank loan with a 15–35% government subsidy to set up a new micro enterprise.
SUBSIDYCentralMinistry of MSME / KVIC
Target group
First-time entrepreneurs aged 18+ starting a manufacturing or service unit.
Benefits
- Project cost up to ₹50 lakh (manufacturing) and ₹20 lakh (service)
- Margin money subsidy 15–35% depending on category and area
- Own contribution only 5–10%
Eligibility
- Indian citizen aged 18+
- New unit only
- Class 8 pass for projects above ₹10 lakh (manufacturing)
Official website dekhein
Rules badal sakte hain. Apply karne se pehle official website par details verify karein. Last reviewed by our team on 2026-09-06.