PMEGP (Prime Minister Employment Generation Programme)
Subsidy up to 35% for new manufacturing and service enterprises
Amount Range
Up to ₹50 Lakh (Manufacturing) / ₹20 Lakh (Service)
Timeline
45-60 days
Subsidy
Up to 35%
Overview
PMEGP provides financial assistance for setting up new micro enterprises in manufacturing and service sectors with attractive subsidy component.
Key Benefits
Subsidy up to 35% for special categories
Subsidy up to 25% for general category
No collateral for loans up to ₹10 Lakh
Credit-linked subsidy
Eligibility Criteria
Business Types
Sole ProprietorPartnershipPvt Ltd
Categories
GENERALWOMENSC/STMINORITY
Purposes
EquipmentExpansion
Required Documents
Identity Proof (Aadhaar/PAN)
Age Proof
Educational Qualification Certificate
Project Report
EDP/SDP Training Certificate
Caste Certificate (if applicable)
Frequently Asked Questions
Applicants must be at least 18 years old. There is no upper age limit for applying under PMEGP.
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