MSME
PM Employment Generation Programme (PMEGP) is a flagship credit-linked subsidy scheme launched in 2008 by the Ministry of MSME, implemented through KVIC (Khadi and Village Industries Commission) as the nodal agency at the national level. It supports new self-employment micro enterprises in both rural and urban areas by providing margin money subsidy of 15% to 35% of the project cost, depending on the beneficiary category and location. General category beneficiaries receive 15% subsidy in urban areas and 25% in rural areas, while special categories (SC/ST/OBC/Women/Minorities/Ex-Servicemen/PwD/NER) receive 25% in urban and 35% in rural areas. Maximum eligible project cost is ₹50 lakh for manufacturing and ₹20 lakh for service sector units. The scheme is implemented through KVIC, State Khadi and Village Industries Boards (KVIB), and District Industries Centres (DIC) in a 30:30:40 ratio.
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Maximum benefit: ₹50.0 L
Margin money subsidy of 15%–35% on project cost for new micro enterprises in manufacturing and service sectors
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Check Eligibility
Confirm you are above 18 years, setting up a new micro enterprise, and not previously availed any government subsidy
Prepare Documents
Gather Aadhaar, PAN, bank details, caste certificate (if applicable), educational certificate, and a detailed project report (DPR)
Apply Online at KVIC Portal
Register and submit application at kviconline.gov.in/pmegpeportal with your project report and documents
Bank Interview & EDP Training
Shortlisted applicants are interviewed by the implementing bank; complete mandatory Entrepreneurship Development Programme (EDP) training of 2 weeks
Loan Sanction
Bank sanctions the loan covering the project cost; beneficiary contributes 5–10% as own contribution
Subsidy Disbursement
KVIC/KVIB/DIC releases margin money subsidy (15%–35%) directly to your bank loan account after first disbursement