PMEGP Project List 2026

PMEGP Project List — FAQs

Where can I download the PMEGP project list PDF?

KVIC publishes model project profiles on the PMEGP e-Portal (kviconline.gov.in) and on kvic.gov.in under 'Project Profiles'. Those PDFs are generic templates with dated cost figures. The list on this page covers the same project categories but with current cost bands, and each entry opens a project report you can generate with your own numbers, location and bank — which is what the bank actually needs. A downloadable model PDF will not be accepted as your project report.

How many projects are approved under PMEGP?

PMEGP does not publish a closed list of approved projects. Any micro enterprise in manufacturing, service, or agri-allied activity is eligible provided it is a new unit, the promoter is 18+, and the activity is not in the negative list. KVIC circulates model project profiles for roughly 200+ common activities as guidance. The 89 project ideas listed here are the categories most frequently sanctioned by banks under PMEGP.

Which projects are NOT eligible under PMEGP?

The PMEGP negative list excludes: any business involving meat processing or serving of meat, liquor and intoxicants, tobacco products (bidi, pan, cigarette), cultivation of crops and horticulture (though value-addition and processing is allowed), sericulture and animal husbandry as primary activity, polythene carry bags below 20 microns, existing units already availing government subsidy, and units that have taken benefit under PMRY, REGP or any other central/state subsidy scheme for the same activity.

What is the maximum project cost in the PMEGP project list?

₹50 lakh for manufacturing units and ₹20 lakh for service and trading units. These limits were raised from the earlier ₹25 lakh and ₹10 lakh. If your project costs more than the ceiling, PMEGP subsidy is calculated only on the eligible portion up to the ceiling — the balance must come from your own funds or unsubsidised bank finance.

Which PMEGP project has the highest profit?

Bank officers do not sanction on profit alone — they sanction on DSCR and repayment capacity. That said, the categories that most consistently clear the 1.50 manufacturing DSCR threshold are: fly ash brick and cement block units, paper cup and disposable manufacturing, dal and flour mills, mineral water plants, and food processing units — because they have predictable input costs and steady local demand. Service units like diagnostic labs and gyms show strong margins but need more careful demand justification in the project report.

Do I need a separate project report for each PMEGP project?

Yes. The PMEGP application on the e-Portal requires a project report specific to your unit — your location, your machinery quotations, your capacity, your projected sales. Generic downloaded PDFs are rejected at the bank stage. Pick your activity from the list below and generate a report with your own figures, cost of project, means of finance showing margin money, and year-wise DSCR.

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A complete 14-section project report — the same document your bank officer will read. Every table below is real: the repayment schedule, the DSCR, the CMA workings, the balance sheet. Generate yours free, then pay ₹499 for the clean copy.

Project cost

₹10,00,000

Term loan sought

₹8,00,000

Promoter's margin

₹2,00,000 (20%)

Average DSCR

5.87 (norm ≥ 1.25)

Break-even

62% of Year-1 sales

Employment

3 existing + 3 new

Project Report

Sharma Electronics & Repair Services

Consumer electronics repair, servicing & spare-parts retail

Vaishali Nagar, Jaipur, Rajasthan

SchemeMUDRA Tarun

Loan applied for₹8,00,000

Total project cost₹10,00,000

ConstitutionSole Proprietorship

Submitted to the Branch Manager · Punjab National Bank, Vaishali Nagar, Jaipur

Executive Summary

Name of the unit: Sharma Electronics & Repair Services
Constitution: Sole Proprietorship
Promoter: Suresh Sharma (34 years)
Address of unit: Shop No. 12, Ground Floor, Vaishali Nagar, Jaipur — 302021
Nature of activity: Consumer electronics repair, servicing & spare-parts retail
NIC code: 9521 — Repair of consumer electronics
Scheme applied under: Pradhan Mantri MUDRA Yojana — Tarun
Total project cost: ₹10,00,000
Term loan requested: ₹8,00,000 (80%)
Promoter's contribution: ₹2,00,000 (20%)
Repayment: 60 monthly instalments @ 10.50% p.a.

The unit has been in operation since 2019 and currently services 20–25 jobs a day from a 350 sq.ft. ground-floor shop, with a recorded customer base of 600+ households in the Vaishali Nagar catchment. The promoter proposes to expand the workbench capacity, add board-level diagnostic equipment and carry a spare-parts inventory so that 70% of repairs can be completed same-day instead of the present 3-day turnaround.

The project is assessed at a cost of ₹10.00 lakh, financed by a ₹8.00 lakh MUDRA Tarun term loan and ₹2.00 lakh of promoter's own contribution (20%). At the projected turnover the unit services its debt 5.87 times over on average, against the 1.25 minimum, and breaks even at 62% of Year-1 sales — leaving substantial cushion against a demand shortfall.

Recommendation: the proposal is technically feasible, commercially viable and financially sound. It is recommended for sanction of a term loan of ₹8.00 lakh repayable in 60 monthly instalments.

Project Cost

Cost of the project

Particulars	Basis	Amount (₹)
Renovation & civil work	200 sq.ft. additional area, electrical, ESD flooring	1,20,000
Diagnostic & repair equipment	As per quotations — Annexure IX	2,40,000
Computers, software & service tools	2 systems, billing software, tool kits	80,000
Furniture, air-conditioning & display fixtures	Counter, racks, 1.5 T AC	60,000
Margin money for working capital	Stock, receivables & operating cash	5,00,000
Total project cost		10,00,000

A 5% contingency is built into the civil and equipment estimates. All capital items are supported by three quotations each.

Means of Finance

Means of finance

Source	Amount (₹)	% of project cost
Promoter's own contribution	2,00,000	20.00%
Term loan under MUDRA Tarun	8,00,000	80.00%
Subsidy / margin money grant	Nil	—
Total	10,00,000	100.00%

Promoter's contribution is held in Savings A/c No. XXXXXX4417 with Punjab National Bank, Vaishali Nagar (statement enclosed). Debt–equity at inception is 4.00 : 1, improving to 1.65 : 1 by the end of Year 1.

For PMEGP, PMFME, NABARD and state-subsidy proposals this section additionally carries the margin-money subsidy workings, the subsidy-adjusted repayment and a second DSCR computed net of subsidy.

Machinery & Equipment

Plant, machinery and equipment proposed

Equipment	Qty	Rate (₹)	Amount (₹)
BGA rework station with preheater	1	95,000	95,000
Digital storage oscilloscope with probes	1	45,000	45,000
Universal IC programmer	1	35,000	35,000
Ultrasonic PCB cleaning unit	1	22,000	22,000
Soldering / desoldering stations	3	8,000	24,000
Precision tool kits & ESD workbench	2	9,500	19,000
Total			2,40,000

Suppliers: Fine Tools India (Jaipur), Sagar Electronics (Delhi), Techno Instruments (Jaipur). Quotations enclosed at Annexure IX. Delivery within 30 days of sanction; installation by the supplier at no extra cost.

Profitability Projections (5 Years)

Projected profit & loss account (₹ in lakh)

Particulars	Year 1	Year 2	Year 3	Year 4	Year 5
Service & repair income	24.00	28.32	32.57	36.80	41.22
Sale of spares & accessories	9.60	11.33	13.03	14.73	16.49
Total revenue	33.60	39.65	45.60	51.53	57.71
Cost of spares & materials (45%)	15.12	17.84	20.52	23.19	25.97
Gross profit	18.48	21.81	25.08	28.34	31.74
Salaries & wages	6.72	7.26	7.84	8.47	9.14
Rent	1.44	1.51	1.59	1.67	1.75
Power & fuel	0.72	0.78	0.83	0.89	0.95
Repairs & maintenance	0.30	0.33	0.36	0.39	0.42
Marketing & business promotion	0.36	0.40	0.44	0.48	0.52
Administrative & miscellaneous	0.60	0.66	0.72	0.78	0.84
Insurance	0.12	0.13	0.14	0.15	0.16
Total operating expenses	10.26	11.07	11.92	12.83	13.78
EBITDA	8.22	10.74	13.16	15.51	17.96
Depreciation (WDV, as per IT Act)	0.86	0.66	0.52	0.42	0.35
EBIT	7.36	10.08	12.64	15.09	17.61
Interest on term loan	0.78	0.64	0.48	0.31	0.11
Profit before tax	6.58	9.44	12.16	14.78	17.50
Income tax (as applicable)	0.30	0.62	0.95	1.35	1.80
Profit after tax	6.28	8.82	11.21	13.43	15.70

Revenue grows 18%, 15%, 13% and 12% over the five years, against 22% achieved by the unit in the last audited year. Capacity utilisation moves from 72% to 91%; the projections do not assume any increase in service rates.

Repayment Schedule & DSCR

Loan amount: ₹8,00,000
Rate of interest: 10.50% p.a. (reducing balance)
Tenure: 60 months
Moratorium: Nil
Equated monthly instalment: ₹17,195
Total interest over the tenure: ₹2,31,707

Year-wise repayment schedule (₹)

Year	Opening balance	Principal repaid	Interest	Total outgo	Closing balance
1	8,00,000	1,28,404	77,937	2,06,341	6,71,596
2	6,71,596	1,42,555	63,787	2,06,341	5,29,041
3	5,29,041	1,58,265	48,077	2,06,341	3,70,776
4	3,70,776	1,75,706	30,635	2,06,341	1,95,070
5	1,95,070	1,95,070	11,272	2,06,341	Nil
Total		8,00,000	2,31,707	10,31,705

Debt service coverage ratio (₹ in lakh)

Particulars	Year 1	Year 2	Year 3	Year 4	Year 5
Profit after tax	6.28	8.82	11.21	13.43	15.70
Add: depreciation	0.86	0.66	0.52	0.42	0.35
Add: interest on term loan	0.78	0.64	0.48	0.31	0.11
Cash available for debt service (A)	7.92	10.12	12.21	14.16	16.16
Principal repayment	1.28	1.43	1.58	1.76	1.95
Interest	0.78	0.64	0.48	0.31	0.11
Total debt service (B)	2.06	2.07	2.06	2.07	2.06
DSCR (A ÷ B)	3.84	4.89	5.93	6.84	7.84

Average DSCR over the tenure: 5.87. The minimum acceptable to banks is 1.25; the unit crosses that threshold even if Year-1 revenue falls 60% short of projection.

Balance Sheet & Cash Flow Projections

Projected balance sheet (₹ in lakh)

Particulars	Year 1	Year 2	Year 3	Year 4	Year 5
LIABILITIES
Capital account (net of drawings)	4.08	7.50	12.11	17.74	24.44
Term loan — long-term portion	5.29	3.71	1.95	—	—
Term loan — current maturity	1.43	1.58	1.76	1.95	—
Sundry creditors (30 days)	1.26	1.49	1.71	1.93	2.16
Other current liabilities & provisions	0.30	0.35	0.40	0.45	0.50
Total	12.36	14.63	17.93	22.07	27.10
ASSETS
Net fixed assets	4.14	3.48	2.96	2.54	2.19
Stock of spares (45 days)	1.86	2.20	2.53	2.86	3.20
Sundry debtors (10 days)	0.92	1.09	1.25	1.41	1.58
Cash & bank balance	5.44	7.86	11.19	15.26	20.13
Total	12.36	14.63	17.93	22.07	27.10

Cash flow statement — Year 1 (₹ in lakh)

Sources	Amount	Applications	Amount
Profit after tax	6.28	Capital expenditure	5.00
Depreciation	0.86	Increase in stock	1.86
Increase in creditors & provisions	1.56	Increase in debtors	0.92
Term loan drawn	8.00	Repayment of term loan	1.28
Promoter's capital introduced	2.00	Drawings	4.20
		Closing cash & bank	5.44
Total	18.70	Total	18.70

CMA Data & Working Capital Assessment

Working capital is assessed under the Tandon Committee Method II, the basis used by banks for limits up to ₹5 crore. The workings below are drawn from the Year-1 projections above.

Maximum permissible bank finance (₹ in lakh)

Particulars	Amount
Stock of spares	1.86
Sundry debtors	0.92
Cash & bank balance	5.44
Total current assets (TCA)	8.22
Sundry creditors	1.26
Other current liabilities & provisions	0.30
Current maturity of term loan	1.43
Other current liabilities (OCL)	2.99
Working capital gap (TCA − OCL)	5.23
25% of TCA — stipulated margin	2.06
Maximum permissible bank finance (Method II)	3.18

No cash-credit limit is sought in this proposal; the assessment is presented because bank officers ask for it. Were the limit of ₹3.18 lakh availed, the current ratio would stand at 1.33 — above the 1.25 stipulated by IBA.

CMA statements included in the full report

Form I — particulars of existing and proposed limits
Form II — operating statement (actuals and projections)
Form III — analysis of the balance sheet
Form IV — comparative statement of current assets and current liabilities
Form V — computation of maximum permissible bank finance
Form VI — fund flow statement
Ratio analysis and holding-period statement

Key Ratios, Break-Even & SWOT

Key financial indicators

Ratio	Year 1	Year 2	Year 3	Year 4	Year 5	Bank norm
Current ratio	2.75	3.26	3.87	4.51	9.36	≥ 1.25
Debt–equity ratio	1.65	0.71	0.31	0.11	Nil	≤ 3.00
DSCR	3.84	4.89	5.93	6.84	7.84	≥ 1.25
Net profit margin	18.7%	22.2%	24.6%	26.1%	27.2%	—
Interest coverage	9.4	15.8	26.3	48.7	160.1	≥ 2.00

Break-even analysis — Year 1 (₹ in lakh)

Particulars	Amount
Fixed costs (salaries, rent, admin, depreciation, interest)	10.88
Variable costs (materials, power, maintenance)	16.14
Contribution (revenue − variable costs)	17.46
P/V ratio	51.96%
Break-even sales	20.94
Break-even as % of Year-1 revenue	62.3%
Cash break-even as % of Year-1 revenue	57.4%

Strengths

Nine years of promoter experience in the same line of activity; the unit is already running and profitable.
Only board-level repair capability in a 3 km catchment of 12,000 households.
85% repeat customers — revenue is recurring rather than one-off.
Low fixed-cost base; the shop is rented at ₹12,000 a month with no owned-premises burden.

Weaknesses

Technical dependence on the proprietor for complex board-level work.
Informal book-keeping to date; a computerised billing and stock system is part of this project.
Brand recognition limited to the immediate locality.

Opportunities

Right to Repair framework improving access to genuine spares for independent repairers.
About 3,000 new households entering the catchment within 1 km.
Institutional tie-ups — schools, clinics and offices for annual maintenance contracts.

Threats

An authorised brand service centre opening within the catchment.
Import-duty-led increases in spare-parts prices.
Attrition of trained technicians to larger service chains.

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PMEGP Negative List — Projects That Are Not Eligible

PMEGP Project List — FAQs

Where can I download the PMEGP project list PDF?

How many projects are approved under PMEGP?

Which projects are NOT eligible under PMEGP?

What is the maximum project cost in the PMEGP project list?

Which PMEGP project has the highest profit?

Do I need a separate project report for each PMEGP project?

Found Your Project? Get the Report in 60 Seconds

This is exactly what you get

Sharma Electronics & Repair Services

Executive Summary

Project Cost

Means of Finance

Machinery & Equipment

Profitability Projections (5 Years)

Repayment Schedule & DSCR

Balance Sheet & Cash Flow Projections

CMA Data & Working Capital Assessment

Key Ratios, Break-Even & SWOT