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Start Your Own Business

Agniveers can use their skills and experience to start a small business. Plan carefully, check the costs and understand the available financial support before investing your money.

Choose a Business You Understand

Consider work related to your skills, such as vehicle repair, driving, electrical work, welding, security services, catering or transport. Start by identifying customers and checking local demand.

Government Schemes for Business

1. Pradhan Mantri MUDRA Yojana (PMMY)

Eligible small businesses can apply for loans of up to ₹20 lakh.

  • Shishu: Up to ₹50,000
  • Kishor: Above ₹50,000 up to ₹5 lakh
  • Tarun: Above ₹5 lakh up to ₹10 lakh
  • Tarun Plus: Above ₹10 lakh up to ₹20 lakh, for eligible borrowers who have successfully repaid a previous Tarun loan.

Loans are subject to the lender's assessment and applicable rules.

Official MUDRA Scheme Details

2. Prime Minister's Employment Generation Programme (PMEGP)

This scheme supports eligible applicants who want to establish a new small business. Financial assistance and subsidy depend on the project, applicant category and applicable rules.

Official PMEGP Website