Prime Minister's Employment Generation Programme (PMEGP)

प्रधानमंत्री रोजगार सृजन कार्यक्रम (पीएमईजीपी)

Ministry of Micro, Small and Medium Enterprises

A credit linked subsidy program for setting up new micro-enterprises in the non-farm sector. The scheme aims to provide financial assistance to set up self-employment ventures and generate sustainable employment opportunities in rural as well as urban areas. Margin Money subsidy ranges from 15% to 35% of project cost for projects up to Rs. 50 Lakh in Manufacturing sector and Rs. 20 Lakh in the Service sector.