The Ministry of Micro, Small, and Medium Enterprises (MSME) in India offers several subsidy and funding schemes to promote entrepreneurship, job creation, and the development of small and medium enterprises. These schemes aim to provide financial assistance, technological support, and capacity building to MSMEs across various sectors. Here are some of the key schemes under the MSME umbrella, similar to PMEGP and PMFME:
1. Prime Minister’s Employment Generation Program (PMEGP)
• Objective: To generate employment through the establishment of micro-enterprises in both rural and urban areas.
• Eligibility: Any individual (18 years and above) or a group of individuals, as well as self-help groups, can apply. Special consideration is given to women, SC/ST, OBC, and minorities.
• Coverage: Provides subsidy and loan support for setting up small businesses in manufacturing and service sectors.
2. Pradhan Mantri Formalization of Micro Food Processing Enterprises (PMFME)
• Objective: To promote formalization of small food enterprises, enhance the productivity of food processing units, and improve the income of food processing entrepreneurs.
• Eligibility: Small food processing units, including individual food vendors, self-help groups, and cooperatives.
• Coverage: Provides financial assistance to food processing businesses to improve infrastructure, technology, and machinery.
3. Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGS)
• Objective: To facilitate easy access to collateral-free loans for Micro and Small Enterprises.
• Eligibility: Micro and Small Enterprises engaged in manufacturing and services.
• Coverage: Provides a guarantee for loans up to Rs. 2 crores to ensure easier access to credit for small businesses.
4. Micro and Small Enterprises Cluster Development Program (MSE-CDP)
• Objective: To promote the development of clusters of micro and small enterprises through improved technology, marketing, and access to capital.
• Eligibility: MSMEs in industrial clusters and groups involved in similar businesses.
• Coverage: Provides financial support for infrastructure development, common facilities, and skill development programs.
5. Coir Udyami Yojana (CUY)
• Objective: To promote the coir industry and provide financial assistance for setting up coir-based enterprises.
• Eligibility: Entrepreneurs in the coir sector, especially those who wish to start new coir-based businesses.
• Coverage: Provides funding for setting up coir processing units, equipment purchase, and modernizing the coir industry.
6. Technology Upgradation Fund Scheme (TUFS)
• Objective: To provide financial support to MSMEs for the upgradation of technology and modernizing infrastructure.
• Eligibility: MSMEs in textile, apparel, and handicraft sectors.
• Coverage: Provides funding for acquiring new machinery, adopting advanced technologies, and upgrading existing facilities.
7. Prime Minister’s Mudra Yojana (PMMY)
• Objective: To provide financial support to micro, small, and medium-sized enterprises through MUDRA loans.
• Eligibility: Individuals or small businesses looking for micro-loans for starting or expanding a business.
• Coverage: Provides loans up to Rs. 10 lakhs under three categories – Shishu, Kishore, and Tarun.
8. National Manufacturing Competitiveness Program (NMCP)
• Objective: To enhance the competitiveness of manufacturing enterprises in India.
• Eligibility: MSMEs involved in manufacturing, particularly those working towards improving productivity and quality.
• Coverage: Offers support for training, quality improvement, and market access.
9. MSME Innovation Scheme
• Objective: To support innovation and R&D in MSMEs.
• Eligibility: MSMEs working on innovative ideas or looking to introduce new products or technologies.
• Coverage: Provides financial aid for research and development, prototyping, and market testing.
10. Trade Related Entrepreneurship Assistance and Development (TREAD) Scheme
• Objective: To promote entrepreneurship among women and provide them with the necessary support to start their own businesses.
• Eligibility: Women entrepreneurs in the MSME sector.
• Coverage: Provides financial assistance and training for women to set up businesses, particularly in rural areas.
These are some of the MSME schemes that provide financial support, subsidies, and benefits to small and medium enterprises in India. If you need assistance in applying for any of these schemes, Dhanna Seth can help guide you through the application process, ensuring that you meet all the necessary criteria and submit the required documentation.categories of support under various government programs for Micro, Small, and Medium Enterprises (MSMEs) focus on different aspects of business development, innovation, and sector-specific needs. These categories offer financial assistance, training, technology support, and market access for MSMEs to promote overall growth and competitiveness.
1. Stand Up India Scheme
• Objective: To facilitate bank loans between Rs. 10 lakhs and Rs. 1 crore for SC/ST and women entrepreneurs.
• Eligibility: Individuals from SC/ST and women categories wishing to set up greenfield projects (new businesses) in the manufacturing, service, or trading sectors.
• Coverage: Provides financial assistance for setting up a new business and supporting entrepreneurship.
2. Khadi and Village Industries Commission (KVIC) Schemes
• Objective: To promote Khadi and village industries by providing financial assistance, grants, and subsidies.
• Eligibility: Entrepreneurs involved in Khadi, coir, and village industries such as handicrafts, handlooms, and rural self-employment.
• Coverage: Provides funding for setting up Khadi production units, rural enterprises, and self-help groups.
3. Credit Linked Capital Subsidy Scheme (CLCSS)
• Objective: To provide capital subsidy for the modernization and technological upgradation of MSMEs in the manufacturing sector.
• Eligibility: MSMEs engaged in the manufacturing sector, especially in sectors like textile, food processing, leather, and automobile parts.
• Coverage: Offers a subsidy on the purchase of new machinery and technology.
4. International Cooperation (IC) Scheme
• Objective: To promote international collaboration and enhance the global competitiveness of Indian MSMEs by participating in international events and trade fairs.
• Eligibility: MSMEs planning to expand their international market or collaborate with international businesses.
• Coverage: Provides financial support for participating in global trade fairs, exhibitions, and other international business activities.
5. Technology Incubation and Development of Entrepreneurs (TIDE)
• Objective: To support technology-driven start-ups by providing financial support for research, innovation, and entrepreneurial development.
• Eligibility: Start-ups and entrepreneurs working on technology-based solutions.
• Coverage: Offers financial assistance for incubators, business plans, and technology development.
6. E-Commerce Support for MSMEs
• Objective: To help MSMEs embrace e-commerce by providing assistance in creating an online presence and improving digital sales.
• Eligibility: MSMEs looking to enhance their e-commerce capabilities.
• Coverage: Offers subsidies for building e-commerce platforms and digital marketing.
7. MSME Performance and Credit Rating Scheme
• Objective: To encourage MSMEs to get credit ratings to enhance their credibility and access to loans at favorable terms.
• Eligibility: MSMEs looking to improve their creditworthiness.
• Coverage: Provides financial support for obtaining credit ratings and improving financial health.
Rural Development Schemes
• Objective: To support rural entrepreneurship and create job opportunities in rural areas through financial schemes.
• Eligibility: MSMEs located in rural areas, including small manufacturing units and agro-based businesses.
• Coverage: Offers grants and subsidies for setting up rural-based businesses and self-employment programs.
9. Atal Innovation Mission (AIM)
• Objective: To foster a culture of innovation and entrepreneurship in India through various schemes, including setting up incubators and accelerators.
• Eligibility: MSMEs working on innovative business ideas and technological products.
• Coverage: Offers financial assistance for innovation hubs, start-ups, and scale-ups.
10. Digital MSME Scheme
• Objective: To help MSMEs adopt digital tools and integrate into the digital economy.
• Eligibility: MSMEs looking to digitize their operations, especially in manufacturing and service sectors.
• Coverage: Provides financial assistance for technology adoption, including software and hardware.
11. North East Industrial Development Scheme (NEIDS)
• Objective: To provide financial incentives for MSMEs to set up businesses in the North Eastern states of India.
• Eligibility: MSMEs based in the North East region of India.
• Coverage: Offers subsidies on capital investment, interest subsidies, and reimbursement of freight charges.
12. Scheme for Promotion of Innovation, Rural Industry, and Entrepreneurship (ASPIRE)
• Objective: To promote innovation and support the growth of rural industries and enterprises.
• Eligibility: MSMEs and entrepreneurs based in rural areas working on innovative business ideas.
• Coverage: Provides financial assistance for entrepreneurship development, incubation centers, and innovation promotion.
These schemes provide essential support to micro, small, and medium enterprises in various sectors. Whether it is through financial assistance, technology upgrades, or market access, these programs contribute significantly to the growth of entrepreneurship in India. If you are seeking assistance for applying to any of these schemes, Dhanna Seth is here to guide you throughout the process, ensuring you receive the benefits you are eligible for.

To apply for the Food Processing Scheme, the following mandatory documents are required for new enterprises (Individuals/Firms) as outlined in the manual
1. PAN Card of concerned/all promoters.
2.Aadhaar Copy & Photo of all promoters/guarantors.
3. Address Proof: Any of the Officially Valid Documents (OVD) such as:
o Utility bill (not more than two months old) from any service provider (Electricity, telephone, post-paid mobile phone, piped gas, water bill).
o Property or Municipal tax paid receipt.
o Ration Card (Individual).
o Driving Licence
o Aadhaar Card.
o Voter ID Card.
4. Details of the site where the unit is to be established, including whether it is owned/rented/leased, along with proof (Lease/rent agreement should be for more than the loan repayment period).
5. Photocopy of Bank
6. Estimates and Quotation of all capital expenditure and machinery and equipment to be purchased. Statement/Bank Passbook for the last 6 months.
For existing enterprises with a turnover of less than 1 crore, similar documents are required, including PAN Card, Aadhaar, address proof, and site details.
If you need more specific information or additional documents, please let me know!