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Subsidy

PMEGP

Up to 35% subsidy for manufacturing & service enterprises

35%

Max Subsidy

30–45 days

Timeline

95%

Success Rate

Overview

Prime Minister's Employment Generation Programme (PMEGP) is a credit-linked subsidy scheme for setting up new micro enterprises. The scheme provides subsidies ranging from 15% to 35% of the project cost for setting up manufacturing and service sector units.

Eligibility Criteria

Any individual above 18 years of age

Minimum 8th pass for projects above ₹10 lakh in manufacturing

Minimum 8th pass for projects above ₹5 lakh in service sector

Self Help Groups, Charitable Trusts, and Cooperative Societies

Only new projects are eligible

Key Benefits

Subsidy up to 35% for special categories in rural areas

Subsidy up to 25% for general category in rural areas

Subsidy up to 25% for special categories in urban areas

Subsidy up to 15% for general category in urban areas

Project cost up to ₹50 lakh for manufacturing sector

Application Process

Step 1

Step 2

Submit project proposal with documents

Step 3

Screening by District Task Force Committee

Step 4

Bank loan sanction

Step 5

Subsidy release after project implementation

Required Documents

Project Report

Educational qualification certificates

Caste certificate (if applicable)

Special category certificate (if applicable)

Identity and address proof

Passport size photographs

Quick Overview

CategorySubsidy

Timeline30–45 days

Max Subsidy35%

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