Prime Minister Employment Generation Programme (PMEGP)
Central Scheme (All India)
Employment
Application Mode: ONLINE
Active
Quick AI Summary
Credit-linked subsidy scheme for setting up new micro-enterprises with projects up to Rs. 50 Lakhs (manufacturing) or Rs. 20 Lakhs (service).
Detailed Summary
PMEGP provides margin money subsidy ranging from 15% to 35% on project costs channeled through KVIC, KVIB, and DIC.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
|---|---|
| Key Benefits | - 15-35% margin money subsidy (higher for SC/ST/Women/NE region). - Project cost up to Rs. 50 Lakhs for manufacturing. |
Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| age min | >= 18 |
| state id | = 3 |
Application Process Guide
- Apply online on the PMEGP e-portal. Applications reviewed by District Task Force Committee.
Common FAQs regarding this Yojana
No, PMEGP is only for setting up new projects. Existing units or upgradation of existing units are not eligible.