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PMEGPIN

Prime Minister's Employment Generation Programme

Organized by Ministry of MSME / KVIC

A major credit-linked subsidy program aimed at generating employment opportunities in rural and urban areas by setting up new micro-enterprises. Implemented by the Khadi and Village Industries Commission (KVIC) at the national level.

Startup & Entrepreneurship

PMEGP · Ministry of MSME / KVIC

subsidized Funding
Launch Year
2008
Reach
100,000+ micro-units established annually
Funding
subsidized
Status
active

Financial Benefits

  • Grant: Margin Money Subsidy: 15-25% (Urban) / 25-35% (Rural)
  • Loan: Up to ₹50 lakh (Manufacturing) / ₹20 lakh (Services)
  • EDP (Entrepreneurship Development Programme) training provided
  • Second financial assistance up to ₹1 Crore for upgrading existing successful PMEGP units

Data last verified: 2024-02-28