• •To generate continuous and sustainable employment opportunities in rural and urban areas.
• •To facilitate the setting up of new self-employment ventures/projects/micro enterprises.
• •To provide self-employment opportunities to traditional artisans and rural/urban unemployed youth.
• •To increase the earning potential of artisans and help arrest migration of rural youth to urban areas.

The subsidy is provided as 'Margin Money' and varies based on the beneficiary category and location.

• •Maximum Project Cost (Manufacturing): ₹50 Lakh.
• •Maximum Project Cost (Business/Service): ₹20 Lakh.
• •Subsidy (General Category): 15% (Urban) / 25% (Rural) of the Project Cost.
• •Subsidy (Special Category): 25% (Urban) / 35% (Rural) of the Project Cost.
• •Special Category Includes: SC/ST/OBC/Minorities/Women, Ex-Servicemen, Physically Handicapped, NER, Hill & Border Areas.

• •General Category Contribution: 10% of the Project Cost.
• •Special Category Contribution: 5% of the Project Cost.
• •Bank/Lending Institution Finance: Remaining Project Cost (after Margin Money and Beneficiary Contribution).

• •Age: Any individual above 18 years of age.
• •Educational Qualification: At least 8th standard pass is required for projects costing above ₹10 Lakh (Manufacturing) or above ₹5 Lakh (Service/Business).
• •Income Ceiling: There is no income ceiling for setting up projects.
• •Nature of Unit: Assistance is available only to new units (new projects sanctioned specifically under PMEGP).
• •Eligible Entities: Individuals, Self Help Groups (SHGs), Institutions registered under Societies Registration Act, Production Co-operative Societies, and Charitable Trusts.
• •Exclusion: Existing units or units that have already availed government subsidy under any central/state scheme are not eligible.

The scheme is implemented by KVIC at the national level and KVIC State Directorates, KVIBs, and DICs at the state level.

• •Online Application: Submit your application through the official PMEGP e-portal (e-PMEGP).
• •Prepare DPR: Develop a Detailed Project Report (DPR) aligned with the scheme's limits and requirements.
• •Interview: Appear for an interview conducted by the District Level Task Force Committee (DLTFC).
• •Bank Sanction: If recommended by DLTFC, the application is forwarded to banks for appraisal and sanction of the term loan and working capital.
• •Subsidy Release: The Margin Money (Subsidy) is released to the bank and kept in a three-year lock-in period.

• •Included: Capital Expenditure (e.g., machinery), One cycle of working capital.
• •Excluded: Cost of land. The cost of a ready-built, leased, or rented workshop/shed can be included for a maximum of three years only.