Prime Minister Employment Generation Programme is one of the most popular government schemes for new businesses. It provides financial assistance with subsidy support for manufacturing and service sector units. Subsidy up to 35% is provided by the government depending on the applicant category.

MUDRA loan is designed for small and micro businesses. It supports entrepreneurs under three categories: Shishu, Kishor and Tarun. The scheme helps small business owners grow their business without heavy collateral requirements.

Startup India Seed Fund Scheme provides financial support for innovative startups. The government helps startups with prototype development, product testing and market entry. This scheme is ideal for technology and innovation based businesses.

Stand-Up India scheme promotes entrepreneurship among women and SC/ST communities. Banks provide loans for starting greenfield enterprises in manufacturing, services or trading sectors.

CGTMSE scheme provides collateral free loans to MSME businesses. The government guarantees a large portion of the loan which reduces risk for banks and helps entrepreneurs access funding easily.

PMFME scheme is specially designed for food processing businesses. Entrepreneurs can get financial assistance and subsidy to start or expand food processing units.
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