PMEGP Loan: Eligibility, Benefits & How to Apply in 2026
PMEGP Loan: Eligibility, Benefits & How to Apply in 2026 Starting a small business in India often requires financial support, and one of the most powerful government-backed schemes available in 2026 is the Prime Minister’s Employment Generation Programme (PMEGP ) . If you are planning to launch a manufacturing or service business, PMEGP can help you secure funding with subsidy benefits. The PMEGP scheme is implemented by the Khadi and Village Industries Commission (KVIC) at the national level, along with State KVIBs and District Industries Centres (DICs). It is designed to generate self-employment opportunities through financial assistance for micro-enterprises. What is a PMEGP loan? PMEGP (Prime Minister’s Employment Generation Programme) is a credit-linked subsidy scheme launched by the Government of India. It provides financial assistance to individuals who want to start new micro-enterprises in the manufacturing or service sectors. Under this scheme, the applicant receive...