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Ministry of MSME

Central government · Government of India · New Delhi, Delhi

The central ministry funds micro and small enterprises across India through PMEGP, ASPIRE and other schemes offering subsidised loans, margin money and incubation support.

About Ministry of MSME

The Ministry of Micro, Small and Medium Enterprises (MSME) is the central government ministry that frames policies and programmes for India's MSME sector. It runs a number of schemes directed at encouraging entrepreneurship, creating livelihoods, and developing enterprises throughout the country.

One such scheme is the Prime Minister's Employment Generation Programme (PMEGP), a credit-linked subsidy programme delivered through the Khadi and Village Industries Commission (KVIC). Under it, banks provide margin money for manufacturing units (up to INR 25 lakh) and service units (up to INR 10 lakh). From its launch in 2008 until now, more than 9.69 lakh micro enterprises have received assistance, with subsidy exceeding INR 25,500 crore, and employment has been generated for an estimated 79 lakh persons. A second scheme, ASPIRE (A Scheme for Promotion of Innovation, Rural Industry, and Entrepreneurship), works to advance innovation and rural enterprise; it has trained over 1.16 lakh beneficiaries, of whom 18,444 have taken up self-employment and 1,141 micro-enterprises have been set up.

## Who Benefits

Prospective and current owners of micro, small, and medium enterprises, rural entrepreneurs, and first-generation founders looking for subsidised credit, margin money support, skill training, and incubation assistance to start or grow their businesses.

Subsidy schemes

SubsidyCentral governmentOpen for applications

CLCSS — Credit Linked Capital Subsidy Scheme

Ministry of MSME

A 15% capital subsidy funds technology upgradation of plant & machinery for MSMEs.

Subsidy amount
Up to ₹15,00,000
Deadline
Rolling
SubsidyCentral governmentOpen for applications

MSME Competitive (LEAN) Scheme

Ministry of MSME

A LEAN manufacturing subsidy covers 50%–80% of implementation costs for MSMEs.

Deadline
Rolling
SubsidyCentral governmentOpen for applications

Intellectual Property Right Scheme Under MSME Innovative Scheme

Ministry of MSME

This scheme reimburses IP filing fees—patents, trademarks, GIs, designs—for eligible Micro, Small, and Medium Enterprises.

Subsidy amount
₹15,000 – ₹5,00,000
Deadline
Rolling

Intellectual Property · Patent · Trademark · Msme

SubsidyCentral governmentOpen for applications

Single Point Registration Scheme (SPRS)

Ministry of MSME

The Single Point Registration Scheme (SPRS) by NSIC lets Micro & Small Enterprises (MSEs) join government purchases, exempting tender fees and offering price preference.

Deadline
Rolling

Msme · Government Procurement · Public Procurement · Tender Benefits

SubsidyCentral governmentOpen for applications

Coir Board Schemes — Coir Vikas Yojana

Ministry of MSME

A 40% subsidy up to ₹10 lakh funds coir processing units, plus free spinning wheels for women artisans.

Subsidy amount
Up to ₹10,00,000
Deadline
Rolling

Manufacturing Industrial · Coir · Women Entrepreneurs · Manufacturing

SubsidyCentral governmentOpen for applications

Coir Udyami Yojana

Ministry of MSME

Coir Board and Ministry of MSME run a credit-linked subsidy for setting up coir production units, funding up to ₹10 lakh project cost plus working capital at 40%.

Subsidy amount
Up to ₹9,50,000
Deadline
Rolling

Manufacturing Industrial · Agri Food Rural · Coir · Microenterprise

SubsidyCentral governmentOpen for applications

Consortia & Tender Marketing Scheme

Ministry of MSME

The Consortia & Tender Marketing Scheme funds Micro and Small Enterprises to form consortia and cover deposits for government and PSU tenders.

Deadline
Rolling

Msme · Government Procurement · Tender Assistance · Financial Facilitation

SubsidyCentral governmentOpen for applications

Khadi Gramodyog Vikas Yojana: Khadi Vikas Yojana

Ministry of MSME

The KVIC-MSME umbrella scheme funds Khadi institutions and artisans with financial aid, production subsidies, interest relief, and infrastructure support.

Subsidy amount
₹80,000 – ₹25,00,000
Deadline
Rolling

Agri Food Rural · Manufacturing Industrial · Khadi · Artisans

Contact

Details last verified on 18 April 2026. Source: the issuer's published information.