Prime Minister Employment Generation Programme

Margin Money subsidy ranges from 15% to 35% of project cost for projects up to Rs. 50 Lakh in Manufacturing sector and Rs. 20 Lakh in the Service sector.

PMEGP is a major credit-linked subsidy programme aimed at generating self-employment opportunities through establishment of micro-enterprises in the non-farm sector.

The scheme is implemented by Khadi and Village Industries Commission (KVIC) functioning as the nodal agency at the national level.

At the state level, the scheme is implemented through State KVIC Directorates, State Khadi and Village Industries Boards (KVIBs), District Industries Centres (DICs) and banks.

Prime Minister Employment Generation Programme Objective Image

Objectives

The scheme aims to provide financial assistance to set up self-employment ventures and generate sustainable employment opportunities in rural as well as urban areas.
To generate sustainable and continuous employment opportunities for rural and unemployed youth as well as prospective traditional artisans and thereby halt occupational migration.

Benefits

Credit linked subsidy program for setting up new micro-enterprise in non-farm sector.
Margin Money subsidy ranges from 15% to 35% of project cost for projects up to Rs. 50 Lakh in Manufacturing sector and Rs. 20 Lakh in the Service sector.
For beneficiaries belonging to Special categories such as SC/ST/ Women/ Minorities/ Ex-Servicemen/ Transgenders/ Aspirational districts/NER, the margin money subsidy is 35% in rural areas and 25% in urban areas.

Prime Minister Employment Generation Programme Benefit Image

Eligibility

Any individual, above 18 years of age can apply.
There will be no income ceiling for assistance for setting up projects under PMEGP.
For setting up of project costing above Rs.10 lakh in the Manufacturing sector and above Rs. 5 lakhs in the Service/ Business sector, the beneficiaries should possess at least VIII standard pass educational qualification.
Assistance under the scheme is available only for new viable projects sanctioned specifically under the PMEGP.
Existing Units and the units that have already availed any Government Subsidy (under PMRY, REGP, PMEGP,CMEGP or any other scheme of Government of India or State Government) are not eligible.
Projects without Capital Expenditure (Term Loan) are not eligible.
Cost of Land can not be covered under the project cost.
All Implementing Agencies (KVIC, KVIB, DIC and Coir Board) can process applications in both rural as well as urban areas.
Applicant should possess valid Aadhaar Number.
Applicant shall give his/her consent to authenticate demographic details such as Aadhaar number, Name, Gender, Date of Birth and Mobile number from UIDAI server.

How to Apply?

The beneficiaries can apply for loan under the Scheme only through PMEGP e-portal (http://www.kviconline.gov.in/pmegpeportal/jsp/pmegponline.jsp).

For further detail about the scheme, beneficiaries may contact the nearest KVIC/KVIB/DIC offices and the website https://www.kviconline.gov.in

The beneficiaries may apply through offline mode by submitting physical applications to implementing agencies

Physical applications are available in 11 regional languages viz. Assamese, Malayalam, Odia, Punjabi, Tamil, Gujarati, Marathi, Bengali, Telugu and Kannada.

Beneficiaries can download the physical forms from the website:https://www.kviconline.gov.in/pmegpeportal/jsp/offlineform.jsp

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