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Directorate of Industries, Government of Maharashtra
Chief Minister Employment Generation Programme (CMEGP), Maharashtra
15–35% subsidy on a bank loan for a new unit
Subsidies & incentives Capital subsidy Open year-round
What it is
Create self-employment for young people in rural and urban Maharashtra by helping them set up new micro and small enterprises.
What you get
- Back-ended capital subsidy of 15% to 35% of project costUp to ₹17,50,000
Who it is for
- Permanent resident (domicile) of Maharashtra
- Aged 18 or above
- Only new projects; existing units are not eligible
- Only one person per family (self and spouse)
- Must not have taken PMEGP or any other subsidy-linked government scheme
- Class 8 pass needed for projects above ₹10 lakh (manufacturing) or ₹5 lakh (service)
- Proprietorship, partnership or registered self-help group
Not eligible if
- Units that already received a government subsidy under any central or state scheme
How to apply
- 1Check eligibility and prepare a project report
Confirm the project is new, within the cost limit, and that you have not taken PMEGP or another subsidy before.
- 2Apply online
Fill the application on maha-cmegp.gov.in with your documents and project report.
Official step - 3Committee review and bank sanction
The DIC or KVIB forwards your application to a bank, which appraises and sanctions the loan.
- 4Set up the unit and receive the subsidy
The subsidy is credited by the Directorate of Industries through the bank after the stipulated period.
Keep ready