IMPORTANT NOTICE

This is an independent community awareness portal. It is NOT an official website of the Government of India or the Government of Maharashtra. All data is for informational purposes only.

Latest Updates:
🔥 PM Vishwakarma Scheme: Collateral-free loan up to ₹3 Lakhs open for artisans! 📌 New Update: Mudra Loan Scheme limit has been raised from ₹10 Lakhs to ₹20 Lakhs. 🎓 Maharashtra Skill Development Scheme: Free carpentry and vocational training batch registrations open. 💼 DIC Seed Money Scheme eligibility income limit raised to ₹8 Lakhs for unemployed youth.
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Prime Minister's Employment Generation Programme (PMEGP)

Category: Loan & Subsidy
Launch Date: 15 August 2008
Last Updated: 12 April 2026
Information last verified on: 18 July 2026
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Scheme Overview

PMEGP is a major credit-linked subsidy program aimed at generating self-employment opportunities through establishment of micro-enterprises in both rural and urban areas. Under the scheme, beneficiaries can set up manufacturing units up to ₹50 Lakhs and service sector units up to ₹20 Lakhs. The government provides subsidies ranging from 15% to 35% depending on category (General/Special) and location (Urban/Rural).

Eligibility Criteria

  • Any individual above 18 years of age.
  • At least VIII standard pass for projects costing above ₹10 Lakhs in the manufacturing sector and above ₹5 Lakhs in the business/service sector.
  • Self-help groups, institutions registered under Societies Registration Act 1860, and Co-operative societies are also eligible.
  • Only new units are eligible for subsidy support under PMEGP.

Required Documents

  • Aadhaar Card
  • PAN Card
  • Project Report (Detailed Business Plan)
  • Educational Qualification Certificate (Standard 8th Pass minimum, if applicable)
  • Caste / Community Certificate (for Special Category subsidy claim)
  • Rural Area Certificate from Gram Panchayat (if setting up in rural area)

Application Process

1. Prepare a detailed project report (DPR) for your manufacturing or service business.
2. Open the KVIC online PMEGP application portal (kviconline.gov.in/pmegpeportal).
3. Fill in the online application form and upload the required documents (Aadhaar, Project Report, Education Certificate, etc.).
4. Submit the application to the selected agency (KVIC/KVIB/DIC).
5. The application is reviewed by the District Task Force Committee (DTFC) and forwarded to the bank.
6. The bank sanctions the loan and the subsidy (margin money) is kept in a fixed deposit for 3 years, after which it is adjusted.
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Scheme Updates & Changelog

12 Apr 2026 Maximum project cost limit for manufacturing increased from ₹25 Lakhs to ₹50 Lakhs, and service sector from ₹10 Lakhs to ₹20 Lakhs.
08 Sep 2024 EdP training duration reduced and digitized via online portals for faster disbursements.
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