Prime Minister's Employment Generation Programme. Start your own business with **up to 35% Govt Subsidy**.
PMEGP (Prime Minister's Employment Generation Programme) is a credit-linked subsidy scheme administered by the Ministry of MSME, Govt of India. It is the best scheme for first-time entrepreneurs setting up a new micro-enterprise.
The unique benefit of PMEGP is that the government provides margin money subsidy (grant) which is directly deposited into your loan account after a lock-in period of 3 years.
Your subsidy depends on your Social Category and Location:
| Category | Own Contribution | Subsidy (Urban) | Subsidy (Rural) |
|---|---|---|---|
| General | 10% | 15% | 25% |
| Special* | 05% | 25% | 35% |
*Special Category includes: SC, ST, OBC, Minorities, Women, Ex-Servicemen, Differently Abled.