Monica Malik Instagram – PMEGP is a central sector scheme administered by the Ministry of Micro, Small and Medium Enterprises.
➡️ Features:
👉Maximum project cost allowed under PMEGP scheme is Rs. 50 lakhs for manufacturing unit and Rs. 20 lakhs for service unit.
👉Projects costing up to Rs. 10 lakhs don’t need collateral security. If you connect it with the CSTMSE scheme, you can get a collateral-free loan up to Rs. 25 lakhs.
👉Subsidies for different urban categories are set at 35%.
👉General category applicants must cover 10% of the project cost, while other categories cover 5%.
➡️ Eligibility Criteria:
👉Minimum age of the applicant should be 18 years
👉Beneficiaries shall be at least 8th standard pass educational qualification
➡️ How to Apply:
👉Go to the official PMEGP website (Khadi and Village Industries Commission).
👉 Fill in all the required details.
👉Upload all necessary documents for final submission.
👉After submission, your applicant ID and password will be sent to your registered mobile number.
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