How to Get PMEGP Subsidy for Your Business

PMEGP (Prime Minister's Employment Generation Programme) is a government scheme that provides financial assistance for setting up new micro-enterprises in manufacturing and service sectors.

Eligibility

✅ Individual aged 18 years or above

✅ For projects above:

• Manufacturing: ₹10 lakh
• Service: ₹5 lakh

The applicant should have passed at least 8th standard.

✅ Self-help groups, registered societies, charitable trusts, and production co-operative societies can also apply.

Project Cost Limits

• Manufacturing Sector: Up to ₹50 lakh
• Service Sector: Up to ₹20 lakh

Beneficiary Contribution

• General Category: 10% of project cost
• Special Categories (SC/ST/OBC/Minority/Women/Ex-servicemen/PHC/NER/Hill & Border Areas): 5% of project cost

Subsidy (Margin Money)

Application Process

Step 1: Prepare a Project Report

Include:

• Business details
• Investment requirements
• Expected revenue and expenses
• Employment generation details

Step 2: Apply Online

Visit the official PMEGP portal:
https://www.kviconline.gov.in/pmegp

Step 3: Upload Documents

Required documents generally include:

• Aadhaar Card
• PAN Card
• Educational qualification certificate
• Project report
• Caste certificate (if applicable)
• Special category certificate (if applicable)
• Address proof

Step 4: Application Verification

Your application is reviewed by:

• KVIC (Khadi and Village Industries Commission)
• DIC (District Industries Centre)
• KVIB (Khadi and Village Industries Board)

Step 5: Interview/Screening

A district-level committee may evaluate your project proposal.

Step 6: Bank Loan Sanction

After approval, the application is forwarded to a bank for loan sanction.

Step 7: EDP Training

You must complete an Entrepreneurship Development Programme (EDP) training.

Step 8: Subsidy Release

After loan disbursement and verification, the subsidy amount is credited to the loan account as margin money.

---