Prime Minister’s Employment Generation Programme (PMEGP) SCHEME

Scheme Activity:

  • National Level : Khadi and Village Industries Commission (KVIC)
  • State Level : KVIC Directorates, State Khadi and Village Industries Boards (KVIBs) and District Industries Centres (DICs) and banks.
    • Nature of assistance:
  • Maximum cost of the project/unit admissible in manufacturing sector is Rs.50 lakhs and in business/service sector is Rs.20 lakhs.
  • Total project cost will be provided by the banks as term loan and working capital.

    • Who Can Apply:
  • Person Above 18 years of age can apply.
  • The beneficiary must have passed at least VIII standard for projects costing above Rs.10 lakh in the manufacturing sector, and above Rs.5 lakh in the business/service sector.
  • Only new projects are considered for sanction under PMEGP.
  • Institutions registered under Societies Registration Act, 1860; Production Co-operative Societies, and Charitable Trusts are also eligible
  • Existing units (under PMRY, REGP or any other scheme of Government of India or State Government) and units that have already availed Government subsidy under any other scheme of Government of India or State Government are not eligible.

    • How to apply:

  • The State/Divisional Directors of KVIC in consultation with KVIB and Director of Industries of the respective states (for DICs)

    • 2nd Loan for up-gradation of the existing PMEGP/REGP/ MUDRA units

  • Maximum subsidy would be 15% of the project cost (20% for NER and Hill States) of upto Rs. 1 Crore. The balance amount of the total project cost is provided by Banks as term loan.

    • Scheme is applicable for:

  • The Existing well performing PMEGP/REGP/MUDRA units

    • Enquiry Form