Language:English

Schemes

Prime Minister Employment Generation Programme(PMEGP)
Ministry/Department Ministry of MSME
Scheme Name Prime Minister Employment Generation Programme(PMEGP)
Component Finance
Sub Component Subsidy
Applicant Micro, Small & Medium Enterprises
Quantum of Assistance (in Brief)

The maximum cost of the project/unit admissible in manufacturing sector is ? 25 lakhs and in the business/service sector, it is ? 10 lakhs.

Categories of Beneficiary;s Rate of subsidy under PMEGP (of project cost)

Area (location of project/unit) General category 15% (Urban), 25% (Rural), Special 25% (Urban), 35% (Rural) (including SC/ST/OBC/Minorities/Women, Ex-servicemen, Physically handicapped, NER, Hill and Border areas, etc.)

The balance amount of the total project cost will be provided by the banks in the form of term loan and working capital.

Link for Detail https://msme.gov.in/11-prime-ministers-employment-generation-programme-pmegp