Central scheme
PMEGP (new agro and food units)
KVIC, with banksAll India
A 25% to 35% subsidy in rural areas on a bank loan to start a new agro or food unit.
What it is
PMEGP helps you start a new small unit: flour mill, oil press, food processing and similar.
In rural areas the subsidy is 25% for general category and 35% for special categories. Approved to 2025-26; later status not confirmed.
All IndiaCoveragekviconline.gov.inApply atBank rateRate
Eligibility at a glance
Anyone aged 18 or more
Class 8 pass for manufacturing projects above ₹10 lakh
New units only
Apply at: kviconline.gov.in
Key facts
- Amount: Up to ₹50 lakh (manufacturing), ₹20 lakh (service)
- Repayment: As per bank
- Security: Bank norms
!Information only, not financial or legal advice. Final terms are set by the lender. AgriFolk does not collect any fee.