Scheme / 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
Value: 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).
Triggers (applicability predicates)
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_weavingstates=anymsme=micro
Citations
- SourcePMEGP Guidelines (revised May 2023) — KVIC Notification — Chapter III (Pattern of assistance) + Annex (Negative list)kviconline.gov.in