Government Schemes
Showing 18 of 20 government schemes
ASPIRE — Innovation & Incubation for MSMEs
Ministry of Micro, Small & Medium Enterprises
A Scheme for Promotion of Innovation, Rural Industries and Entrepreneurship (ASPIRE) promotes innovation and entrepreneurship in rural and agro-based industries. It sets up Livelihood Business Incubators (LBIs) and Technology Business Incubators (TBIs) to nurture startups in rural areas, especially for SC/ST and women entrepreneurs.
Atal Innovation Mission (AIM)
NITI Aayog
Atal Innovation Mission (AIM) is NITI Aayog's flagship initiative to create and promote a culture of innovation and entrepreneurship across India. AIM establishes Atal Tinkering Labs in schools, Atal Incubation Centres at universities, and supports startups through the Atal New India Challenge with grants up to ₹1 crore.
Credit Guarantee Fund Trust (CGTMSE)
Ministry of Micro, Small & Medium Enterprises
CGTMSE provides collateral-free credit guarantees to micro and small enterprises. Banks can lend up to ₹5 crore without collateral under CGTMSE coverage. The trust pays the bank if the borrower defaults, reducing lending risk and making it easier for first-time entrepreneurs to get loans.
Government e-Marketplace (GeM) — Sell to Government
Ministry of Commerce and Industry
Government e-Marketplace (GeM) is the online procurement platform for all government ministries, departments, and PSUs. MSMEs and startups can register as sellers on GeM and sell products/services directly to the government without intermediaries. DPIIT-recognized startups are exempt from prior turnover and experience requirements.
Digital India / MeitY Startup Hub
Ministry of Electronics and Information Technology (MeitY)
MeitY Startup Hub (MSH) is an initiative of the Ministry of Electronics and Information Technology to build and nurture tech startups. MSH provides access to incubation, mentoring, funding, and market connections for startups working in emerging technologies — AI, blockchain, IoT, cybersecurity, and deeptech.
MSME CHAMPION Scheme
Ministry of Micro, Small & Medium Enterprises
The CHAMPION (Creation and Harmonious Application of Modern Processes for Increasing the Output and National Strength) scheme is an ICT-based platform by the Ministry of MSME for grievance redressal, handholding, and information dissemination. It consolidates MSME support services under one portal.
Pradhan Mantri MUDRA Yojana
Ministry of Finance
MUDRA (Micro Units Development and Refinance Agency) provides loans up to ₹10 lakh to non-corporate, non-farm small/micro enterprises. Loans are available in three categories — Shishu (up to ₹50,000), Kishore (₹50,001 to ₹5 lakh), and Tarun (₹5,00,001 to ₹10 lakh). No collateral is required and loans are available through all commercial banks, RRBs, and MFIs.
NSIC Support Schemes
Ministry of Micro, Small & Medium Enterprises
The National Small Industries Corporation (NSIC) provides a range of support services to MSMEs including raw material assistance, single-point registration for government tenders, technology support, and marketing assistance. NSIC schemes help small enterprises compete with larger companies by reducing procurement costs and improving market access.
PM Surya Ghar Muft Bijli Yojana
Ministry of New and Renewable Energy (MNRE)
PM Surya Ghar Muft Bijli Yojana provides central financial assistance for installing rooftop solar systems on residential houses. Households get subsidy of ₹30,000 for 1 kW, ₹60,000 for 2 kW, and ₹78,000 for 3+ kW systems. This creates a massive business opportunity for solar installation entrepreneurs as empanelled vendors.
PM SVANidhi — Street Vendor Micro Credit
Ministry of Housing and Urban Affairs
PM Street Vendor's AtmaNirbhar Nidhi (PM SVANidhi) provides affordable micro-credit to street vendors affected by COVID-19. Vendors can get collateral-free working capital loans of ₹10,000 (1st tranche), ₹20,000 (2nd tranche), and ₹50,000 (3rd tranche) with 7% interest subsidy and cashback incentives for digital transactions.
PM Employment Generation Programme (PMEGP)
Ministry of Micro, Small & Medium Enterprises
PMEGP is a credit-linked subsidy programme administered by the Khadi & Village Industries Commission (KVIC). It provides margin money subsidy of 15-35% of the project cost for setting up new micro-enterprises in both manufacturing and service sectors. Maximum project cost is ₹50 lakh for manufacturing and ₹20 lakh for service enterprises.
PM Formalisation of Micro Food Processing Enterprises (PMFME)
Ministry of Food Processing Industries
PMFME is a centrally sponsored scheme under the Ministry of Food Processing Industries providing financial, technical, and business support to micro food processing enterprises. It offers credit-linked capital subsidy of 35% of project cost (max ₹10 lakh) for upgradation, along with support for branding, packaging, and FSSAI compliance.
Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
Ministry of Skill Development and Entrepreneurship
PMKVY is India's largest skill development scheme, providing free short-term training (150-300 hours) and certification aligned with National Skills Qualification Framework (NSQF) standards. It equips youth with industry-relevant skills for employment or self-employment. Over 1.4 crore candidates have been trained under the scheme.
Startup India Seed Fund Scheme (SISFS)
Department for Promotion of Industry and Internal Trade (DPIIT)
The Startup India Seed Fund Scheme provides financial assistance to startups for proof of concept, prototype development, product trials, market entry, and commercialization. A total corpus of ₹945 crore is distributed through selected incubators across India. Startups can receive up to ₹20 lakh as grants and up to ₹50 lakh as debt/convertible debentures.
SFURTI — Cluster Development for Traditional Industries
Ministry of Micro, Small & Medium Enterprises (through KVIC)
Scheme of Fund for Regeneration of Traditional Industries (SFURTI) organizes traditional artisans and producers into clusters to make them competitive and provide sustained employment. Covers khadi, village industries, coir, bamboo, honey, handloom, and handicraft clusters with financial support of ₹2.5 to ₹5 crore per cluster.
SIDBI Make in India Soft Loan (SMILE)
Small Industries Development Bank of India (SIDBI)
SIDBI's SMILE scheme provides soft loans to MSMEs at concessional interest rates for expanding manufacturing and service operations. The scheme supports the Make in India initiative by providing affordable finance for technology upgradation, new equipment, and capacity expansion for micro and small enterprises.
Stand Up India
Department of Financial Services, Ministry of Finance
Stand Up India facilitates bank loans between ₹10 lakh and ₹1 crore to at least one Scheduled Caste (SC) or Scheduled Tribe (ST) borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise in manufacturing, services, agri-allied activities, or trading.
Startup India
Department for Promotion of Industry and Internal Trade (DPIIT)
Startup India is the flagship initiative of the Government of India to build a strong ecosystem for nurturing innovation and startups. Recognized startups get tax exemptions for 3 consecutive years, self-certification compliance, fast-tracked patent applications, and access to a Fund of Funds worth ₹10,000 crore managed by SIDBI.
EduMetrics aggregates government scheme information from public sources including startupindia.gov.in, msme.gov.in, and other official portals for educational purposes. All scheme names and details belong to their respective government departments.