5 Government Schemes to Start or Grow Your Business
5 Government Schemes to Start or Grow Your Business in India (2026) Want to start a business but worried about investment? The Government of India offers several schemes that may help eligible entrepreneurs access business loans, subsidies, startup support, and skill-development benefits. Whether you want to open a small shop, start a manufacturing unit, build a technology startup, or grow a traditional artisan business, these five schemes are worth exploring. Important: These schemes do not guarantee free money or automatic approval. Some provide loans that must be repaid, while others offer conditional subsidies or selective startup funding. 1. PM MUDRA Yojana – Business Loans for Small Entrepreneurs Best for: Small businesses, shops, service providers, and micro-enterprises. The Pradhan Mantri MUDRA Yojana (PMMY) supports eligible small businesses by helping them access institutional credit through participating banks and financial institutions. Loan Categories Shishu: ...