Prime Minister’s Employment Generation Programme (PMEGP)
Ministry of Micro, Small and Medium Enterprises (MSME)PMEGP is a credit-linked subsidy programme that supports the establishment of micro-enterprises in the non-farm sector to create self-employment opportunities.
Eligibility Criteria
- Individuals aged 18 years and above
- Minimum 8th standard qualification (for higher-value projects)
- Eligible entities: Self-Help Groups (SHGs), Trusts, Registered societies, Cooperative societies
- Applicable only for new business ventures
- Existing units are not eligible
Benefits
- Subsidy support: 15% to 35% (based on category and location)
- Maximum project cost – Manufacturing sector: up to ₹25 lakh
- Maximum project cost – Service sector: up to ₹10 lakh
- Beneficiary contribution: 10% (General), 5% (Special category)
How to Apply
- Apply through the official PMEGP portal (https://www.kviconline.gov.in)
- Complete online registration and application form
- Upload required documents and submit application online
- Application is reviewed by district-level authorities
- Concerned bank gives final approval and sanctions the loan
Documents Required
- Aadhaar Card
- PAN Card
- Educational qualification proof
- Detailed project report
- Category certificate (if applicable)
- Passport-size photograph
- Rural area certificate (if applicable)
- EDP training certificate (if applicable)
- Bank account details
- Authorization letter (if applicable)
Important Disclaimer
We’ve simplified this scheme to help you understand it quickly. For the latest updates or detailed guidelines, you can always check the official government website.
Ready to Transform Your Business Digital?
Most MSME schemes require proper accounting, GST records, and financial reports.
Vyapar helps you stay ready – so you never miss funding opportunities.
