PMEGP Subsidy: How to Get ₹10 Lakh Free from Government for Your Machine
KP Products Team · Jul 14, 2026
The Prime Minister's Employment Generation Programme (PMEGP) is one of the best-kept secrets for food business entrepreneurs in India. It offers a 15–35% government subsidy on your total project cost — which includes machines, installation, and working capital.
Who is Eligible?
- Indian citizen aged 18 years or above
- At least 8th standard pass for projects above ₹10 lakh
- New entrepreneurs (not existing businesses)
- No income limit for applicants
Subsidy Rates
Urban areas: 15% subsidy (General category) / 25% (SC/ST/Women/Minorities/Ex-Servicemen)
Rural areas: 25% subsidy (General) / 35% (SC/ST/Women/Minorities)
On a Γé╣5 lakh machine investment, a woman entrepreneur in a rural area can receive Γé╣1.75 lakh as a grant — money you never repay.
How to Apply — Step by Step
- Register on the PMEGP portal: kviconline.gov.in/pmegpeportal
- Select your industry: "Food Processing"
- Get a Project Report prepared (KP Products helps you with this for free)
- Submit to your nearest KVIC / KVIB / DIC office
- Bank loan is processed — subsidy locked in government account
- After 3 years of repayment, subsidy is released to reduce your loan
Documents Required
- Aadhaar Card, PAN Card
- 8th/10th pass certificate
- Bank account details
- Project Report (we provide this free)
- Caste certificate (if applicable)
KP Products has helped over 500 customers successfully apply for PMEGP. Call us and we'll guide you through the entire process — completely free.