PMEGP, implemented by the Khadi and Village Industries Commission (KVIC) under the Ministry of MSME, provides a government subsidy on a bank loan taken to establish a new micro-enterprise — merging two earlier schemes (PMRY and REGP) into one nationwide programme for both rural and urban applicants.
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Prime Minister’s Employment Generation Programme (PMEGP)
A credit-linked subsidy to help set up new micro-enterprises in the manufacturing or service sector, in rural and urban areas.
Government Scheme
Quick Information
- Category
- Government Scheme
- Department
- Ministry of Micro, Small and Medium Enterprises
- Government Level
- Central Government
- Official Portal
- www.kviconline.gov.in
- Last Verified
- 2026-09-06
Overview
Important Information
Eligibility & Benefits
- Eligibility
- Individuals aged 18 and above intending to set up a new micro-enterprise; certain educational qualifications apply above a specific project cost threshold, as detailed in the official guidelines.
- Benefits
- A government subsidy (margin money) on the bank loan taken to set up the enterprise, reducing the effective cost of establishing the business.
- Required documents
- Identity and address proof, project report, educational qualification certificate (if applicable), caste/category certificate where relevant.
How to Apply
- Application process
- Apply online at the PMEGP e-Portal (kviconline.gov.in), then submit the printed application with a detailed project report to the respective KVIC/KVIB/District Industries Centre office.
Official Source
Ministry of Micro, Small and Medium Enterprises
Visit Official Website / Apply
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Source: PMEGP e-Portal, KVIC, Ministry of MSME
Last verified: 2026-09-06
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