| The PMEGP (Prime Minister’s Employment Generation Programme) is a government-backed loan scheme aimed at helping individuals start new businesses in the manufacturing, service, or trading sectors. Managed by the Khadi and Village Industries Commission (KVIC) under the Ministry of MSME, this scheme offers financial assistance of up to ₹25 lakh for manufacturing units and ₹10 lakh for service units. A key benefit of PMEGP is the credit-linked subsidy, which ranges from 15% to 35% of the project cost depending on the applicant’s category and location. It's ideal for first-time entrepreneurs, as it does not require collateral for loans up to ₹10 lakh, making it one of the most accessible loan options for small-scale startups.
A crucial part of applying for the PMEGP scheme is submitting a strong, well-structured project report—this is where FINLINE comes in. FINLINE is a trusted platform that helps entrepreneurs create professional, bank-ready project reports tailored specifically for loan applications, including PMEGP. Whether you’re starting a poultry farm, tailoring business, or trading shop, FINLINE ensures your report includes everything from cost estimates and financial projections to market analysis and repayment plans. A compelling project report increases your chances of loan approval—and with FINLINE, you're one step closer to turning your business idea into reality. |
