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Unclaimed
Discovery tool, not advice. Every figure is the published rule, not a decision on your case.
Grants

Prime Minister's Employment Generation Programme (PMEGP)

Status

Paused by the funder

Facility will be enabled upon approval for continuation of the scheme with revised guidelines; check the PMEGP portal for updates.

Paused by the funder
Amount
5,000,000 INR

Credit-linked capital subsidy on a bank loan. Project cost ceiling INR 50 lakh for manufacturing and INR 20 lakh for service units. Margin money subsidy of 15-25% in urban/rural areas for general category and 25-35% for special categories (SC/ST/OBC/minorities/women/ex-servicemen/differently abled/North East/hill and border areas).

You must co-fund 10%. Work out the cash you need

Funder

Khadi and Village Industries Commission (KVIC), Ministry of MSME

public · national

Deadline: Opens irregularly — Fresh application submission under PMEGP is presently unavailable; it will be enabled once the competent authority approves continuation of the Scheme with revised guidelines.

Your odds
Not published

This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.

Effort
major

Major bid — written case, budget, possibly partners.

You fund 10% yourself.

Who can apply

For NEW units only; existing units and units already availing a government subsidy are ineligible. Applicants must be at least 18 years old; a minimum Class VIII pass is required for manufacturing projects above INR 10 lakh and service projects above INR 5 lakh. Own contribution of 10% (5% for special categories) required. DPIIT recognition is not required.

How to apply

  1. Register and file the online application on the PMEGP e-portal.
  2. District Level Task Force Committee interview and sponsorship to a bank.
  3. Bank sanctions and disburses the loan; margin money subsidy is held in a Term Deposit Receipt for three years.
  4. Complete EDP training; the subsidy is adjusted after the lock-in period.

What you will need

Related reading: How grant deadlines actually work · The EU SME definition (Recommendation 2003/361)

Apply on the funder's site

Source. https://pmegp.msme.gov.in/

"Fresh application submission under PMEGP is presently unavailable. The facility will be enabled upon approval for continuation of the Scheme with the revised guidelines by the competent authority."

Last checked against the official page on 5 October 2026

Source: funder's homepage — the programme page was not found

Report an error Something wrong or out of date? Tell us.

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