Prime Minister's Employment Generation Programme (PMEGP)

PMEGP provides capital subsidy to establish new micro-enterprises and generate employment opportunities across India.

हिंदी सारांश: PMEGP नए सूक्ष्म उद्यम स्थापित करने के लिए परियोजना लागत का 15-35% तक सब्सिडी प्रदान करता है। यह योजना विनिर्माण और सेवा क्षेत्र दोनों के लिए उपलब्ध है।

What is PMEGP?

PMEGP is a central sector scheme administered by the Ministry of MSME. It provides margin money subsidy to new micro-enterprises in manufacturing, service, and business sectors through Khadi and Village Industries Commission (KVIC).

Subsidy Structure

Eligibility Criteria

• Age: Individual applicants above 18 years
• Educational Qualification: Minimum 8th standard pass for projects above ₹10 lakh in manufacturing sector
• Project Cost: Maximum ₹50 lakh for manufacturing and ₹20 lakh for service sector
• Assistance per Family: Only one individual per family can avail PMEGP benefits
• Prior Government Assistance: Should not have availed benefits under any other Government scheme
• Self-employment: Existing units and those that have availed Government subsidies under other schemes are not eligible

Key Benefits

• Substantial margin money subsidy (15-35% of project cost)
• No collateral required for projects up to ₹10 lakh
• Easy access to credit through KVIC network
• Employment generation and self-employment opportunities
• Technical training and capacity building support
• Credit-linked subsidy with minimal documentation

Application Process

1. Online Application: Submit application on PMEGP e-portal (www.kviconline.gov.in/pmegpeportal)
2. Project Report: Prepare detailed project report with cost estimates, viability, and implementation plan
3. Documentation: Submit identity proof, address proof, educational certificates, caste certificate (if applicable), and quotations
4. Bank Loan Application: Apply for term loan with the recommended bank branch
5. Verification: KVIC/implementing agency verifies application and forwards to bank
6. Sanction: Bank sanctions loan and subsidy is released after project implementation

Required Documents

• Aadhaar Card and PAN Card
• Educational certificates
• Caste certificate (for special categories)
• Project Report with quotations
• Address proof and bank account details
• Passport size photographs
• Any other documents as specified by implementing agency

How Agnivridhi Helps

Our team provides end-to-end assistance:

• Eligibility Assessment: Free initial consultation to determine eligibility and project viability
• Project Report Preparation: Comprehensive DPR with financials, market analysis, and implementation timeline
• Documentation Support: Complete assistance with forms, certificates, and quotations
• Bank Coordination: Liaise with banks and KVIC for smooth processing
• Follow-up: Regular follow-up until subsidy disbursement
• Post-sanction Support: Guidance on compliance and reporting requirements

"Agnivridhi's expertise in PMEGP made the entire process seamless. From documentation to final approval, they handled everything professionally."