PMEGP
The Prime Minister's Employment Generation Programme: a bank loan for a new unit, with a government subsidy on part of the cost.
PMEGP helps set up a new manufacturing or service unit. The bank lends, you put in your own share, and the government pays a subsidy (called margin money) on part of the project cost, larger in rural areas and for some categories of applicant.
It is for new units, not existing ones; trading projects are allowed within a small share of each state's budget. You apply on the PMEGP portal; the limits and subsidy rates are in the four-schemes lesson.
Learn it in a lesson
See also: Margin money, Project report