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प्रधानमंत्री रोजगार सृजन कार्यक्रम (PMEGP)
Ministry of MSME
Credit-linked subsidy programme for setting up micro-enterprises in non-farm sector, providing 15–35% government subsidy on project costs up to ₹50 lakh (manufacturing) and ₹20 lakh (service) sector.
Min Age
18 years
Apply on PMEGP e-Portal
Register at kviconline.gov.in/pmegpeportal and fill the online application form.
EDP Training
Attend mandatory 2-week Entrepreneurship Development Programme training.
Bank Loan Processing
KVIC/DIC forwards application to bank. Bank sanctions loan for project cost minus subsidy.
Subsidy Release
Subsidy is kept in TDR for 3 years; after 3 years it is adjusted against the loan.
Verified from official source
Source: Source: kviconline.gov.in — PMEGP 15–35% subsidy for micro-enterprise setup.
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