1. Margin money grant to nano

*Benefited for manufacturing and service units whose capital is upto 10 lakh.

*For general category own capital contribution is 30%, loan amount is 40%, and government subsidy is 30%.

*For Women/Sc/St/<40 age groups/Physically challenged/ Rtd.soldiers own capital contribution is 20%, loan amount is 40%, and government subsidy is 40%.

2. Prime Minister’s Employment Generation Programme (PMEGP)

* The objective of this scheme is to generate employment opportunities in rural as well as urban areas of the country through the setting up of new self-employment ventures/projects/micro enterprises.

* The maximum cost of the project/unit admissible for Margin Money subsidy under the Manufacturing sector is ₹50,00,000 and that of Business/Service sector is ₹20,00,000.

* If the total project cost exceeds ₹50,00,000 or ₹20,00,000 for Manufacturing and Service/Business sector respectively, the balance amount may be provided by Banks without any Government subsidy.

* Any individual, above 18 years of age and there will be no income ceiling for assistance in setting up projects under PMEGP.

* For setting up of project costing above Rs.10 lakh in the Manufacturing sector and above ₹ 5,00,000 in the Business /Service sector, the beneficiaries should possess at least VIII standard pass educational qualification.

*For general category own contribution is 10% and loan amount is 90% but for special category(women/sc/st/obc/minority/rtd.soldiers/physically challenged) own contribution is 5% and loan amount is 95%.

*Total subsidy 35% will be allocated for rural area and 25% subsidy is allocated for urban entrepreneurs.

3. Pradhan Mantri Formalisation Of Micro Food Processing Enterprises(PMFME)

 *The objectives of this scheme is to enhance the competitiveness of existing individual micro-enterprises in the unorganized segment of the food processing industry and promote formalization of the sector; and also to support Farmer Producer Organizations (FPOs), Self Help Groups (SHGs), and Producers Cooperatives along their entire value chain.

*Individual micro food processing units would be provided credit-linked capital subsidy @35% of the eligible project cost with a maximum ceiling of ₹ 10,00,000 per unit. The beneficiary contribution should be a minimum of 10% of the project cost with the balance being loaned from the Bank.

*Subsidy is only available for fixed capital and there is no any aid for working capital.

*Existing unit as well as new units can be benefited from this project.

4. Entrepreneur Support Scheme(ESS)

*The objective of this scheme is to provide extensive support to micro, small and medium enterprises and also to give one time support to entrepreneurs, with due regard to special categories by optimal utilisation of funds and giving more flexibility of operation while implementing the Scheme.

* Provides Subsidy for the investment in Land, Building, Plant & machinery, Electrification, Essential Office Equipments, Pollution Control Devices and other fixed assets.

*For General Category, assistance is 15% of the capital investment limited to Rs 30 lakh.

*For Young (18 to 45 years), Women, SC/ST and Non Resident Keralite (NRK) entrepreneurs, the assistance is 25% limited to Rs 40 lakh.

*Enterprises in priority sectors are eligible for an additional assistance of 10% limited to Rs 10 lakh.

* Rubber-based industries, Agro based and Food processing industries, Readymade Garments, Industries manufacturing equipment and machinery for non conventional energy generation, Biotechnology based industries, 100% export oriented units, Biodegradable plastic industries, Plastic waste recycling industries, Bio fertilizer industries, Pharmaceutical industries and healthcare products manufacturing industries are in priority list.

*MSMEs started in the districts of Idukki, Wayanad, Kasargode and Pathanamthitta are eligible for an additional support of 10% limited to Rs 10 lakh.

*Enterprises setup after acquiring new technology from approved research institutions are eligible for an additional support of 10% limited to Rs 10 lakh.

*The total eligible assistance for an enterprise is limited to Rs 40 lakh.

5. Pradhan Mantri Mudra Yojana

* Pradhan Mantri Mudra Yojana (PMMY) is a flagship scheme of Government of India. The scheme facilitates micro credit/Loan up to Rs. 10 lakh to income generating micro enterprises engaged in the non farm sector in manufacturing, processing, trading or service sector. MUDRA supports Financial Intermediaries to extend loans to the non-corporate, non-farm sector income generating activities of micro and small entities.

*The benefits under the scheme has been classified under three categories as ‘SHISHU’, ‘KISHOR’ and ‘TARUN’ to signify the stage of growth / development and funding needs of the beneficiary micro unit / entrepreneur.

• Shishu: Covering loans up to Rs. 50,000/-
• Kishor: Covering loans from Rs. 50,001 to Rs. 5,00,000/-
• Tarun: Covering loans from Rs. 5,00,001 to Rs. 10,00,000/-

*Intrest subvention scheme (OFOE) can be applied for mudra loan through dic’s and a particular percentage of intrest is given back as subsidy.