PM-DevINE

Key Features

Financial Assistance

Component

Assistance Provided

Detailed Explanation & Example

Project funding

100% of project cost 

Example: If you propose an agro-processing unit in Arunachal Pradesh costing ₹ 30 crore and it is approved under PM-DevINE, the central funding may cover the full cost.

Minimum & Maximum project cost

Minimum ~₹20 crore, Maximum ~₹500 crore per project  

Example: If your proposed project cost is only ₹10 crore, it may not meet the minimum threshold; if it is ₹600 crore, it may exceed the maximum ceiling.

Time-frame

Projects to be sanctioned 2023-24 and completed by 2025-26 

Example: Your project must get sanction in FY 2023-24, implement within next 2-3 years.

Sectoral coverage / focus

Infrastructure & social development across sectors, livelihoods for youth/women

Example: If you propose a processing cluster, or youth employment hub for women in Meghalaya, you align with livelihood and sectoral gap thrust.

Eligibility Criteria

Who can apply:

Who cannot apply:

Documents Required

Application Process for the Scheme

Option 1: Apply with Bullit 

Click here  to start with guided support. Our team verifies eligibility, compiles documents, and handles application & follow-ups on your behalf. You can monitor progress while focusing on operations.
Recommended for: Lean teams. Designed to save you time and effort. Access expert help from start to finish.

Option 2: Official Route 

  1. Prepare Detailed Project Report  aligned with PM-DevINE components.
  2. Submit proposal to State Government, MDoNER, or NEC as applicable.
  3. NEC/MDoNER screens projects based on: regional priority, impact potential, feasibility & readiness and absence of overlapping central funds
  4. Approved projects are forwarded to the Project Steering Committee.
  5. Once sanctioned, funds are released in instalments based on progress reports, utilisation certificates, and monitoring by NEC.