• Nodal agency at the National level: KVIC
  • The maximum cost of the project/unit admissible under manufacturing sector is Rs.25 lakh and under business/service sector is Rs.10 lakh
  • Eligibility
    • Any individual, above 18 years of age.
    • At least VIII standard pass for projects costing above Rs.10 lakh in the manufacturing sector and above Rs. 5 lakh in the business / service sector.
    • Only new projects are considered for sanction.
    • Self Help Groups (including those belonging to BPL provided that they have not availed benefits under any other Scheme), Institutions registered under Societies Registration Act,1860; Production Co-operative Societies, and Charitable Trusts are also eligible.

Nature of assistance

Categories of beneficiaries under PMEGPBeneficiary’s contribution (of project cost)Rate of Subsidy (of project cost)
Area (location of project/unit) Urban Rural
General Category 10% 15% 25%
Special (including SC / ST / OBC / Minorities / Women, Ex-servicemen, Physically handicapped, NER, Hill and Border areas, etc. 05% 25% 35%
The balance amount of the total project cost will be provided by Banks as term loan as well as working capital.