Subsidy Mantra
86, Gopalpura Bypass Rd, Jaipur subsidymantra@gmail.com

Office Address

  • 86, Gopalpura Bypass Rd, Jaipur
  • subsidymantra@gmail.com
  • 91 894 905 9447 , 91 807 864820451

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PMEGP

The Prime Minister’s Employment Generation Programme (PMEGP) is a flagship initiative by the Government of India to promote self-employment and entrepreneurship among youth and aspiring business owners. Whether you’re a first-time entrepreneur or looking to establish a new venture in manufacturing or service sectors, PMEGP offers financial support and subsidy to help turn your dreams into reality.

At Subsidy Mantra, we provide complete consultancy for applying and availing benefits under the PMEGP scheme with ease and accuracy.

What is PMEGP?

PMEGP is a credit-linked subsidy scheme administered by the Khadi and Village Industries Commission (KVIC) under the Ministry of MSME. The scheme provides financial assistance to set up new micro-enterprises in rural and urban areas across India.

It aims to generate employment opportunities through the establishment of small businesses and promote self-reliance among Indian citizens.
Key Features of PMEGP:
 
  1. ✅ Subsidy up to 35% on the project cost
  2. ✅ Project cost limit: ₹50 lakh for manufacturing, ₹20 lakh for service units
  3. ✅ No collateral required for projects up to ₹10 lakh
  4. ✅ Loans provided through nationalized and private sector banks
  5. ✅ Applicable across rural and urban India
 
Subsidy Pattern:
Category Urban Area Subsidy Rural Area Subsidy
General Category         15% 25%
SC/ST/OBC/Minorities/Women 25% 35%

The remaining amount is financed by the bank as a term loan. Applicants must contribute 5–10% of the project cost as their own investment.

 
Eligibility Criteria:
 
  1. ✅ Applicant must be 18 years or older
  2. ✅ Minimum qualification: 8th standard pass for projects above ₹10 lakh in manufacturing and ₹5 lakh in services
  3. ✅ The unit must be new (not already existing)
  4. ✅ Available for individuals, self-help groups (SHGs), co-operative societies, and institutions
  5. ✅ No income limit for eligibility

Activities Covered:

  1. Manufacturing Units (e.g. food processing, furniture, garments, etc.)
  2. Service Units (e.g. beauty parlors, boutiques, repair services, coaching centers, etc.)
  3. Agro-based businesses
  4. Handicrafts and artisan units
  5. Retail trade (selective)
 
How Subsidy Mantra Helps You
At Subsidy Mantra, we simplify the PMEGP process and increase your chances of approval with:
  1. ✅ Business idea selection and project planning
  2. ✅ DPR and Project Report preparation
  3. ✅ PMEGP online application submission
  4. ✅ Support for EDP (Entrepreneurship Development Program) training
  5. ✅ Bank coordination and follow-ups
  6. ✅ Assistance till final subsidy disbursement
 
Why Choose Subsidy Mantra?
 
  1. ✅ PMEGP experts with years of experience
  2. ✅ 100+ successful PMEGP applications
  3. ✅ Personalized guidance at every step
  4. ✅ Transparent and affordable consultancy
  5. ✅ Support for all states and sectors
 
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