💰
📈
🏦
💼
🏠
🎯
🛡️
📊
💡
💰
📈
🏦
💼
🏠
🎯
🛡️
📊
💡
Government SchemesLoans

PMEGP

Start your manufacturing or service enterprise with the Prime Minister's Employment Generation Programme (PMEGP). This scheme provides capital subsidy of 15-35% of the project cost, making it easier to establish new businesses and generate employment.

🏭

Key Benefits

Discover the advantages of choosing our pmegp service

Capital subsidy of 15-35% of project cost

Maximum project cost up to ₹25 lakhs (manufacturing) and ₹10 lakhs (service)

Margin money subsidy for eligible categories

Training and skill development support

Marketing assistance

Priority for women, SC/ST, and minority entrepreneurs

Eligibility Criteria

  • Indian citizen aged 18+ years
  • New enterprise (not existing business)
  • Minimum educational qualification: 8th standard
  • Project cost within prescribed limits
  • Employment generation potential

Required Documents

  • 📄Educational certificates
  • 📄Identity and address proof
  • 📄Project report and business plan
  • 📄Quotations from suppliers
  • 📄Bank account details
  • 📄Category certificates (if applicable)

Application Process

Simple steps to get your pmegp approved

1

Scheme orientation and project identification

2

Project report preparation

3

Application submission to District Industries Centre

4

Project evaluation and approval

5

Margin money disbursement

6

Project implementation and monitoring

Frequently Asked Questions

Common questions about pmegp

What is the subsidy percentage under PMEGP?

General category gets 15% subsidy, while SC/ST/OBC/minority/women entrepreneurs get 25% subsidy, and special categories get 35% subsidy.

Can existing businesses apply for PMEGP?

No, PMEGP is specifically for new enterprises. Existing businesses cannot apply for this scheme.

What types of projects are eligible under PMEGP?

Manufacturing projects up to ₹25 lakhs and service sector projects up to ₹10 lakhs are eligible, excluding certain restricted activities.

Ready to Apply for PMEGP?

Get started today with our streamlined application process. Our experts are here to guide you every step of the way.

Other Services You Might Like

Explore our other financial solutions

1
Growcap Services Private Limited - Financial Solutions for Growth