PMEGP and Udyami Yojana Project Reports and Utilisation Certificates in Bihar
From our Bihar office in Darbhanga, TAXAJ prepares bank-ready project reports for PMEGP loans and helps Mukhyamantri Udyami Yojana beneficiaries plan their spending, keep the right bills and file utilisation certificates on time, so the next instalment is not held up. Chartered accountants who know what the bank, the DIC and the KVIB check.
What we do
PMEGP project report
A detailed project report built to the scheme's limits: project cost without land, working capital within the cap, means of finance, repayment schedule and projected profit, in the format banks score.
PMEGP application support
Help with the online application on the KVIC portal, category and area documents, Udyam registration, and the EDP training that must be done before the subsidy is claimed.
Udyami Yojana spending plan
A budget for each instalment drawn up against the department's model project report for your chosen project, so every rupee goes on items the DIC will accept.
Utilisation certificates
Checking vouchers and GST bills, matching them to the current-account statement, and preparing the UC and photographs for upload within the 90-day window.
Physical verification readiness
For PMEGP units nearing the third-party geo-tagged verification, books, stock and asset records that show the unit is running as financed.
Books, GST and income tax
Once the unit runs: monthly accounts, GST registration and returns, and income tax returns, which banks ask for at every renewal.
PMEGP in brief
| Point | Position |
|---|---|
| Maximum project cost | ₹50 lakh for manufacturing, ₹20 lakh for service or business units |
| Margin money subsidy | General category: 15% urban, 25% rural. Special category (SC, ST, OBC, minorities, women, ex-servicemen, transgender, differently-abled and others): 25% urban, 35% rural |
| Own contribution | 10% of project cost for general category, 5% for special category; the bank lends the rest |
| Working capital | Up to 40% of project cost for manufacturing and 60% for service units |
| Eligibility | Age 18 or above, no income limit, one person per family, new units only; Class 8 pass for projects above ₹10 lakh (manufacturing) or ₹5 lakh (service) |
| Agencies in Bihar | KVIC state office, Bihar State Khadi and Village Industries Board, and the District Industries Centres |
| Subsidy lock-in | Held as a term deposit for three years and adjusted against the loan only after a positive physical verification |
| Second loan | For upgrading a successful PMEGP unit: up to ₹1 crore (manufacturing) or ₹25 lakh (service), with 15% subsidy |
How a PMEGP project report is assessed
- Agency scrutiny. The KVIC, KVIB or DIC scores the application and report out of 100; projects up to ₹10 lakh need at least 50 and larger projects 60.
- Bank appraisal. The bank checks viability, repayment capacity over three to seven years and the working-capital assessment, and should decide within about 30 days.
- Own contribution and EDP. After sanction, the applicant deposits the own contribution and completes entrepreneurship training before the margin money is claimed.
- Verification. The unit is verified on the ground, with geo-tagged photographs, before the subsidy is finally adjusted.
Activities on the PMEGP negative list, such as liquor, tobacco products, meat, thin polythene carry bags and crop cultivation, cannot be financed. Value addition on farm produce, dairy, poultry and fisheries units are allowed.
Mukhyamantri Udyami Yojana in brief
| Point | Position (2025-26 round) |
|---|---|
| Assistance | Up to ₹10 lakh: half as a grant (up to ₹5 lakh) and half as a loan (up to ₹5 lakh), interest-free except 1% under the youth component |
| Repayment | 84 monthly instalments, starting 12 months after the final instalment is released |
| Who can apply | Bihar residents aged 18 to 50 with 10+2, ITI or polytechnic diploma, under the SC/ST, EBC, women, youth, minority or divyangjan components; unit in the home district |
| Not eligible | Earlier beneficiaries of PMEGP, Mudra or other industries department schemes; trading activities |
| Project | Chosen from the department's list; the amount sanctioned follows the model project report for that project |
| Instalments | Three, each released after training and approval of the utilisation certificate for the previous one |
| Utilisation certificate | Upload within 90 days of receiving each instalment, with GST bills, payment proof, machinery photographs and a geo-tagged photograph of the worksite |
Our step-by-step guide covers what happens after selection under Udyami Yojana: training, the current account, the three instalments and the utilisation certificate.
Why instalments get held up
- Utilisation certificate uploaded late, or less than 90% of the previous instalment spent.
- Machinery bought without a GST invoice, or paid in cash instead of to the supplier's bank account.
- Cash payments above ₹10,000.
- Spending above the limits for site preparation, electricity connection or rent advance in the first instalment, or a rent advance paid to a parent or grandparent.
- Second-phase training missed twice.
- Unit set up outside the home district, or the project changed from the one selected.
Most of these are avoidable with a budget fixed before the first rupee is spent and a voucher file kept from day one. That is the part we do.
Other Bihar schemes we help with
- Bihar Laghu Udyami Yojana: a grant of up to ₹2 lakh, in three instalments, for families with monthly income below ₹6,000.
- Bihar Industrial Investment Promotion Package: project reports and incentive claims for larger units. See our project report service.
- Food processing: PMFME support for makhana and other food units. Read our guide to starting a makhana business in Bihar.
Where we work from
Our Bihar team is based in Benipur, Darbhanga, and works with clients across Mithila and the rest of Bihar, including Patna, online through the client portal, WhatsApp and video calls. Clients near Darbhanga can meet us at the office by appointment.
Our Bihar office
TAXAJ LLPAshapur, Benipur
Darbhanga, Bihar 847201
Monday to Saturday, 10 am to 7 pm
Phone: +91 88028 12345 · WhatsApp: +91 88029 12345
Email: [email protected]
Frequently asked questions
Is a project report compulsory for a PMEGP loan?
Yes. The online application needs a project report, and the implementing agency and the bank both assess it. A report that keeps within the scheme's caps on working capital and project cost, and shows realistic sales, scores better.
Do I need my own project report for Mukhyamantri Udyami Yojana?
The department sanctions each project against its own model project report. What beneficiaries need is a spending plan that follows that model report and records that support the utilisation certificate.
When must the Udyami Yojana utilisation certificate be uploaded?
Within 90 days of receiving each instalment. Beneficiaries of 2022-23 to 2024-25 with pending certificates have a final chance until 10 November 2026 under the department's notice of 23 October 2026.
Can I get PMEGP after taking Udyami Yojana, or the other way round?
Udyami Yojana excludes earlier beneficiaries of PMEGP and other industries department schemes. PMEGP is for new units only, so a unit already financed under another government subsidy scheme will not qualify.
How much is the PMEGP subsidy for a woman in a rural area?
35% of the project cost, as women are in the special category. The own contribution is 5% and the bank lends the rest.
Get your project report or UC done right
Send us your selection letter, project choice or bank sanction on WhatsApp, and our Bihar team will tell you what is needed and what it will cost.
Last updated 26 October 2026. Sources: Revised PMEGP guidelines (Ministry of MSME, 7 December 2023); PIB releases of 30 May 2022 and May 2026; Rajya Sabha reply, August 2026; Mukhyamantri Udyami Yojana 2025-26 guidelines, FAQ and notices on udyami.bihar.gov.in. General information only.