luckpanda
Scheme or incentive

Prime Minister's Employment Generation Programme (PMEGP)

Margin money subsidy for setting up new manufacturing units up to Rs 50 lakh project cost (up to Rs 1 Cr post-2023 enhancement under second loan). Subsidy 15–35% by location and applicant category.

Definition

Margin money subsidy for setting up new manufacturing units up to Rs 50 lakh project cost (up to Rs 1 Cr post-2023 enhancement under second loan). Subsidy 15–35% by location and applicant category.

  • SourcePMEGP Guidelines (revised May 2023) — KVIC Notification · Chapter III (Pattern of assistance) + Annex (Negative list)
    kviconline.gov.in

Benefit

Type
capex subsidy
What you get
Margin money subsidy: 15% (urban general) / 25% (rural general) / 25–35% for SC/ST/women/OBC/PH; project cap up to Rs 50 lakh (manufacturing).
Administered by
Ministry of MSME / KVIC (nodal)
Apply
kviconline.gov.in

Eligibility conditions

Good fit for a first-time Kolhapur founder under Rs 50 lakh project cost; second-loan enhancement (Rs 1 Cr) requires existing PMEGP unit + 3 yrs profitability.

  • sectors=any, textile_weaving
  • states=any
  • msme=micro

Citations

  • SourcePMEGP Guidelines (revised May 2023) — KVIC Notification · Chapter III (Pattern of assistance) + Annex (Negative list)
    kviconline.gov.in