PMEGP — PM's Employment Generation Programme
New-unit setup loan with 15-35% margin money subsidy. Special category (women, SC/ST, OBC, NER, hilly) gets 25% urban / 35% rural. Works for shops, manufacturing, services.
Quick facts
- Ministry / Agency
- Ministry of MSME / KVIC
- Funding
- Up to ₹50 L
- Stage
- ideation, mvp
- Sector
- Any sector
- Equity dilution
- none
- DPIIT recognition required
- No
- NRI / OCI eligibility
- Eligibility depends on the implementing agency — check with the specific lender or scheme office.
Who is eligible
≥18 years; new units only; 8th-pass for projects above ₹10 L mfg / ₹5 L service
How to apply
PMEGP is administered by Ministry of MSME / KVIC. Applications are submitted through the official portal — there are no application fees and you do not need to go through third-party intermediaries.
Apply on the official portalRelated schemes
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Frequently asked questions
Who is eligible for PMEGP?+
≥18 years; new units only; 8th-pass for projects above ₹10 L mfg / ₹5 L service
What is the funding amount under PMEGP?+
Up to ₹50 L. ≤₹50 L mfg / ≤₹20 L service; 15-35% subsidy
Can NRI or OCI founders apply for PMEGP?+
Eligibility depends on the implementing agency — check with the specific lender or scheme office.
Does PMEGP require DPIIT recognition?+
No — DPIIT recognition is not required for PMEGP.
How do I apply for PMEGP?+
Apply through the official portal at kviconline.gov.in. The scheme is administered by Ministry of MSME / KVIC.
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