Prime Minister's Employment Generation Programme (PMEGP)
Status not published
This funder does not publish a call calendar. Check their page before planning around it.
Credit-linked capital subsidy on a bank loan. Project cost ceiling INR 50 lakh for manufacturing and INR 20 lakh for service units. Margin money subsidy of 15-25% in urban/rural areas for general category and 25-35% for special categories (SC/ST/OBC/minorities/women/ex-servicemen/differently abled/North East/hill and border areas).
You must co-fund 10%.
Khadi and Village Industries Commission (KVIC), Ministry of MSME
public · national
Deadline: rolling
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Major bid — written case, budget, possibly partners.
You fund 10% yourself.
Who can apply
- Under 0 years old
- micro enterprises
- Locally registered entity required
For NEW units only; existing units and units already availing a government subsidy are ineligible. Applicants must be at least 18 years old; a minimum Class VIII pass is required for manufacturing projects above INR 10 lakh and service projects above INR 5 lakh. Own contribution of 10% (5% for special categories) required. DPIIT recognition is not required.
How to apply
- Register and file the online application on the PMEGP e-portal.
- District Level Task Force Committee interview and sponsorship to a bank.
- Bank sanctions and disburses the loan; margin money subsidy is held in a Term Deposit Receipt for three years.
- Complete EDP training; the subsidy is adjusted after the lock-in period.
What you will need
- Aadhaar and PAN
- Project report
- Caste or special category certificate where claimed
- Educational qualification certificate for projects above the specified cost
- EDP training certificate
Source. https://www.kviconline.gov.in/pmegpeportal/pmegphome/index.jsp — checked 2026-08-14 · not human-checked