project report

The Prime Minister’s Employment Generation Programme (PMEGP) is one of India’s most important government schemes designed to promote self-employment and entrepreneurship. In 2026, the PMEGP scheme continues to play a critical role in supporting new entrepreneurs, MSMEs, startups, artisans, and service providers by offering bank loans backed by government subsidy. For many first-time business owners, a lack of capital is the biggest hurdle. PMEGP addresses this issue by combining institutional  finance (bank loans)  with capital subsidies, thereby reducing the repayment burden and enhancing business viability This guide explains the PMEGP loan and subsidy in detail—eligibility, benefits, subsidy structure, application process, and how entrepreneurs can maximize approval chances. What Is the PMEGP Scheme? PMEGP is a credit-linked subsidy schem e launched by the Government of India and implemented through KVIC (Khadi and Village Industries Commission), State KVIBs, and District ...