Prime Minister’s Employment Generation Programme (PMEGP)
About the Programme
The Prime Minister’s Employment Generation Programme (PMEGP) is a credit-linked subsidy programme aimed at generating sustainable employment opportunities through establishment of new micro enterprises in rural and urban areas in the non-farm sector. The scheme is administered by the Ministry of MSME, Government of India, with KVIC as the nodal agency at national level.
Primary Benefit
Upto ₹50 Lakh subsidy (15-35% of project cost)
Apply/ Know More
Eligibility
- Any individual above 18 years can apply
- Applicable for new micro-enterprises in non-farm sector
- Special categories include SC/ST/OBC/Women/Minorities/Ex-servicemen/Transgenders/NER/Aspirational District beneficiaries
- Beneficiary contribution: 10% for General category and 5% for Special category
- Minimum 8th standard pass for projects above ₹10 Lakh (manufacturing) or ₹5 Lakh (services)
- Self-Help Groups and Charitable Trusts are also eligible
- Existing units and units already availing Government subsidy are NOT eligible
- Only new projects are eligible – no expansion/modernization of existing units
Documents
- Aadhaar Card
- PAN Card
- Passport Size Photo
- Project Report / DPR
- Educational Qualification Certificate (if applicable)
- Caste Certificate (for reserved category)
- Special Category Certificate (if applicable)
- Rural Area Certificate (if applicable)
- Bank Passbook / Cancelled Cheque
- Udyam Registration (recommended/where applicable)
- Mobile Number & Email ID
Primary Benefit
Upto ₹50 Lakh subsidy (15-35% of project cost)
Benefits
- Margin Money Subsidy from 15% to 35% of project cost
- Project cost eligible up to ₹50 Lakhs for Manufacturing sector and ₹20 Lakhs for Service sector
- Special category beneficiaries get higher subsidy
- Bank provides remaining project loan after beneficiary contribution
- Support through EDP training, workshops, exhibitions, backward & forward linkages
- General category: 15% (urban) / 25% (rural)
- Special category (SC/ST/OBC/Women/Minorities/Ex-Servicemen/Transgenders/NER/Aspirational District): 25% (urban) / 35% (rural)
- Beneficiary contribution: 10% (General) / 5% (Special category)
How to Apply
- Online Registration: Visit the KVIC PMEGP e-Portal and register
- Fill Application: Complete the online application form with required details
- Upload Documents: Upload required documents including project report, Aadhaar, bank details
- Processing: Application is processed through KVIC/KVIB/DIC and financing bank
- Bank Sanction: After approval, bank sanctions loan and subsidy is released
Beneficiary:
As mentioned above
Benefits:
As mentioned above
How To Apply
As mentioned above