Prime Minister's Employment Generation Programme
Get up to ₹50 Lakhs with 35% Capital Subsidy for your business
Quick Stats
About PMEGP
The Prime Minister's Employment Generation Programme (PMEGP) is a credit-linked subsidy programme administered by the Ministry of Micro, Small and Medium Enterprises (MoMSME). It aims to generate employment opportunities through establishment of micro enterprises in rural as well as urban areas.
PMEGP merges two schemes namely Prime Minister's Rojgar Yojana (PMRY) and Rural Employment Generation Programme (REGP) for generation of employment opportunities through establishment of micro enterprises in rural as well as urban areas.
Under this scheme, entrepreneurs can get loans ranging from ₹10 lakhs to ₹50 lakhs for manufacturing units and up to ₹20 lakhs for service units, with substantial government subsidy ranging from 15% to 35% of the project cost.
Manufacturing Units
Get up to ₹50 lakhs for setting up manufacturing units with modern machinery and equipment
Service Sector
Funding up to ₹20 lakhs for service sector businesses including IT, consultancy, and more
Rural Focus
Higher subsidy (35%) for units in rural areas to promote rural entrepreneurship
Special Categories
Extra benefits for Women, SC/ST, OBC, Minorities, Ex-servicemen, and differently-abled
No Collateral Required
Collateral-free loans make it accessible for first-time entrepreneurs
Business Expansion
Existing units can also apply for expansion with second loan facility
Success Stories
"PMEGP helped me start my LED manufacturing unit. The 35% subsidy was a game-changer. SetuBridge Solutions made the entire process smooth and hassle-free."
Rajesh Kumar
LED Manufacturing Unit
Funded: ₹35 Lakhs
"As a woman entrepreneur, I got priority processing and 35% subsidy. The team guided me through every step, from EDP training to loan disbursement."
Priya Sharma
Organic Food Processing
Funded: ₹25 Lakhs
"The collateral-free loan under PMEGP enabled me to set up a modern printing press. The subsidy amount of ₹15.75 lakhs gave my business the perfect start."
Mohammed Ali
Printing Press
Funded: ₹45 Lakhs
Ready to Get Started?
Let our experts guide the entire process and get funding approved in 45 days.