PMEGP

PMEGP supports micro-enterprise creation through bank-linked loans and margin money subsidy. Current scheme coverage includes manufacturing projects up to ₹50 lakh and service/business projects up to ₹20 lakh, with subsidy slabs depending on category and location. PMEGP's subsidy rate is tiered by category and location: general-category applicants receive 15% (rural) to 25% (urban) margin-money subsidy, while special-category applicants (SC/ST/OBC/women/ex-servicemen/differently-abled, and those in NER or hill states) receive 25% (rural) to 35% (urban), subject to a subsidy cap of ₹15 lakh (₹20 lakh in NER/hill states). No collateral is required for loans up to ₹10 lakh, and the scheme's approved outlay for the current cycle exceeds ₹13,554 crore nationally.