Youth Empowerment Sphere
(YES Arunachal)
Prime Ministers Employment Generation Programme (PMEGP)
Official scheme details, eligibility information and application guidance.
About the Scheme
Brief
The Prime Ministers Employment Generation Programme (PMEGP) is a flagship, credit-linked subsidy scheme aimed at generating sustainable self-employment opportunities by supporting the establishment of micro-enterprises in the non-farm sector
Objectives
- To create continuous and sustainable employment in rural and urban areas
- To bring together dispersed traditional artisans and unemployed youth to provide self-employment
- To provide local employment opportunities and stop the migration of rural youth to urban areas
- To enhance the wage-earning capacity of workers and contribute to overall employment growth
Eligibility Criteria
- Minimum 18 years
- 8th standard pass for projects over ₹10 lakh (Mfg) / ₹5 lakh (Service)
- Only new projects are eligible
- No income ceiling
- Individuals, SHGs, Co-operative Societies, and Trusts
Benefits
- Maximum Project Cost: ₹50 lakh (Manufacturing), ₹20 lakh (Service)
- Subsidy: 15-25% for general category, 25-35% for special categories
- Loan Component: Bank-financed with reduced borrower burden