Prime Minister's Employment Generation Programme (PMEGP)
The Prime Minister's Employment Generation Programme (PMEGP) is a credit-linked subsidy scheme launched by the Government of India to facilitate self-employment through the establishment of micro-enterprises. Administered by the Ministry of Micro, Small and Medium Enterprises (MSME) through the Khadi and Village Industries Commission (KVIC), the scheme provides financial assistance to unemployed youth and traditional artisans. The program aims to generate sustainable employment opportunities in both rural and urban areas by mobilizing institutional credit and providing government subsidies. Beneficiaries can set up new projects in manufacturing or service sectors, with specific focus on inclusive growth through special categories. The scheme also includes mandatory Entrepreneurship Development Programme (EDP) training to ensure the long-term viability of the established business units and foster local entrepreneurship.
Eligibility
- • Target: founder
- • Category: Entrepreneurship
- • State: All India
Documents required
- ☐ Aadhaar Card
- ☐ Detailed Project Report (DPR)
- ☐ Highest Educational Qualification Certificate
- ☐ Caste Certificate (if applicable)
- ☐ Rural Area Certificate (if applicable)
- ☐ PAN Card
- ☐ Bank Account Details
Frequently asked questions
Who is eligible for Prime Minister's Employment Generation Programme (PMEGP)?
Targeted at founders in All India under the Entrepreneurship category. Verify full eligibility on the official portal before applying.
What is the benefit amount?
Up to ₹50 Lakhs for Manufacturing and ₹20 Lakhs for Service units, including 15% to 35% subsidy.
How do I apply?
Apply directly on the official government portal linked above. YojanaRadar never charges to apply for any government scheme.
Is the deadline fixed?
Rolling applications. Confirm on the official portal.