MSME & EmploymentMinistry of MSMEActive

Prime Ministers Employment Generation Programme (PMEGP)

Credit linked subsidy program to generate employment opportunities through establishment of micro enterprises in rural and urban areas.

Funding

Up to ₹12.5 lakhs subsidy (50% of ₹25 lakhs)

Timeline

4-8 months

Department

Ministry of MSME

About This Scheme

Credit linked subsidy program to generate employment opportunities through establishment of micro enterprises in rural and urban areas.

Scheme Details

Last Updated: 2024-02-05
Department: Ministry of MSME
Location: Uttar Pradesh

Funding Information

Maximum Amount:

Up to ₹12.5 lakhs subsidy (50% of ₹25 lakhs)

Processing Time:

4-8 months

Key Benefits

Subsidy: 35% (rural), 25% (urban) for general category
Subsidy: 50% (rural), 35% (urban) for SC/ST/OBC/Minorities/Women/Physically Handicapped/Ex-servicemen
Bank loan at subsidized interest rate
Skill development training

+2 more benefits - See Benefits tab for complete list

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