MYSY vs PMEGP: Loan, Subsidy & Eligibility Comparison
Key Differences
| MYSY (State) | PMEGP (Central) | |
|---|---|---|
| Run by | Uttar Pradesh government | Central government (KVIC) |
| Max loan | âš25L (industry) / âš10L (service) | Varies by category and sector |
| Subsidy | 25% general / 30% SC-ST margin money | 15â35% margin money depending on category and area |
| Selection | District Working Group Committee | District-level task force / KVIC process |
Which One Fits You?
Both are self-employment loan-cum-subsidy schemes with genuinely overlapping eligibility for many applicants â the practical difference often comes down to which scheme's local process moves faster in your district, and which subsidy structure works out better for your specific project cost and category. See our full scheme comparison page for a side-by-side view across all major schemes, or message us your project details and we'll tell you which is the better fit.
Not sure whether MYSY or PMEGP fits your project?
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Official portal: diupmsme.upsdc.gov.in Last reviewed: Aug 2026
This page summarizes publicly available scheme information. For the current official notification, application form and exact eligibility conditions, always confirm on the portal above before applying or filing a claim.