Ans:
Yes, people who live in both urban and rural areas can apply for a PMEGP loan. The business's location does, however, affect the subsidy amount. According to the PMEGP scheme's provisions, a general category resident who resides in a city will receive a 15 % subsidy, while a resident in a rural region will receive a 25 % subsidy. The subsidies in urban areas are 25%, while in rural areas it is 35% for people from the backward sections.