Tamil Nadu Unemployed Youth Employment Generation Programme

Submitted by shahrukh on Sat, 13/04/2024 - 17:17
Tamil Nadu CM
Scheme Open
Tamil Nadu Unemployed Youth Employment Generation Programme Logo
Highlights
  • The following benefits will be provided to Entrepreneurship/ Applicant under Tamil Nadu Government's Unemployed Youth Employment Generation Programme :-
    • Capital Subsidy of 25% of Project Cost or Maximum of Rs. 2,50,000/- will be provided to Entrepreneurs.
    • Bank Loan will be provided on Remaining Project Cost.
    • No Collateral Security Required.
    • 5 Years of Loan Repayment Period.
    • Maximum Project Cost per Entreneur should be :-
      • Rs. 15,00,000/- for Manufacturing.
      • Rs. 5,00,000/- for Business/ Trading.
      • Rs. 5,00,000/- for Service.
Overview Of The Scheme
Name of the Scheme Tamil Nadu Unemployed Youth Employment Generation Programme.
Benefits Capital Subsidy on Projects of Entrepreneurs.
Beneficiaries Entrepreneurs of Tamil Nadu.
Nodal Department Department of Micro, Small and Medium Enterprises, Government of Tamil Nadu.
Subscription Subscribe Here to Get Updates Regarding UYEG Programme of Tamil Nadu.
Mode of Apply Through Unemployed Youth Employment Generation Programme Online Application Form.

Introduction

  • Lots of Youth wants to start their business to become Entrepreneurs.
  • But due to financial crunch and high cost of projects some of them drops the idea to start their business.
  • But Tamil Nadu Government came up with an initiative to help those unemployed youths who eagerly wants to start their own business.
  • Unemployed Youth Employment Generation Programme is going to be the major social welfare programme Tamil Nadu Government.
  • The main objective behind launching this programme is to support the youth of Tamil Nadu financially and help them to make their own employment generation venture.
  • This programme will help to generate employment for unemployed youth and as well as create employment opportunities for other people also.
  • Under Unemployed Youth Employment Generation Programme, Government of Tamil Nadu will provide capital subsidy to new entrepreneurs for setting up their own income generation activity.
  • Capital Subsidy of 25% of Total Project Cost or a Maximum of Rs. 2,50,000/- will be provided to eligible applicant under Unemployed Youth Employment Generation Programme.
  • Capital Subsidy will be provided on below mentioned maximum project cost :-
    Category Project Cost
    Manufacturing Rs. 15,00,000/-
    Business/ Trading Rs. 5,00,000/-
    Service Rs. 5,00,000/-
  • Beneficiary has to contribute the following percentage of project cost from their own pocket :-
    • For General Category Beneficiary :- 10% of Project Cost.
    • For Special Category Beneficiary :- 5% of Project Cost.
  • Remaining Amount of Project Cost will be provided as a bank loan to the applicant.
  • There will be no Collateral Security is required for bank loan.
  • The repayment period of bank loan is 5 years.
  • Only those beneficiaries are eligible for capital subsidy whose annual family income is below Rs. 5,00,000/- per year.
  • Eligible Entrepreneur of Tamil Nadu can apply for capital subsidy by filling the Online Application Form of Tamil Nadu Unemployed Youth Employment Generation Programme.

Benefits

  • The following benefits will be provided to Entrepreneurship/ Applicant under Tamil Nadu Government's Unemployed Youth Employment Generation Programme :-
    • Capital Subsidy of 25% of Project Cost or Maximum of Rs. 2,50,000/- will be provided to Entrepreneurs.
    • Bank Loan will be provided on Remaining Project Cost.
    • No Collateral Security Required.
    • 5 Years of Loan Repayment Period.
    • Maximum Project Cost per Entrepreneur should be :-
      • Rs. 15,00,000/- for Manufacturing.
      • Rs. 5,00,000/- for Business/ Trading.
      • Rs. 5,00,000/- for Service.

Eligibility

  • Applicant should be a Permanent Resident of Tamil Nadu.
  • Applicant should have passed minimum Class 8th.
  • The Annual Family Income of Applicant should be below Rs. 5,00,000/-.
  • The Age of Applicant should be :-
    • Between 18 Years to 35 Years for General Applicant.
    • Between 18 Year to 45 Years for below mentioned Special Category Applicant :-
      • Women.
      • Minorities.
      • Backward Class.
      • Most Backward Class.
      • Schedule Caste.
      • Schedule Tribe.
      • Ex-Servicemen.
      • Transgenders.
      • Differently Abled.
  • Project Cost Contribution of Applicant should be :-
    • 10% of Total Project Cost for General Applicant.
    • 5% of Total Project Cost for Special Category Applicant.

Documents Required

  • The below mentioned documents is required to avail the benefit of Tamil Nadu Unemployed Youth Employment Generation Programme :-
    • Residence Proof of Tamil Nadu.
    • Ration Card.
    • Class 8th Education Related Documents.
    • Nativity Certificate. (If there is no Ration Card).
    • Aadhar Card.
    • Voter Identity Card.
    • Photograph.
    • Project Report and Quotation.
    • Caste Certificate. (If Applicable)
    • Ex-Servicemen Card. (If Applicable)
    • Disability Certificate. (If Applicable)
    • Affidavit.

How to Apply

  • Eligible Entrepreneur can apply for capital subsidy by filling the Online Application Form of Tamil Nadu Unemployed Youth Employment Generation Programme.
  • Tamil Nadu Unemployed Youth Employment Generation Programme Online Application Form is available on the portal of Micro, Small and Medium Enterprise Department of Tamil Nadu Government.
  • Applicant has to Register themselves first by filling the basic details such as Name, Date of Birth, Aadhar Number, Mobile Number, Email ID and Password.
  • After Registration, Login with the Email or Mobile Number and Chosen Password.
  • Fill the below mentioned details in Unemployed Youth Employment Generation Programme Application Form steps wise :-
    • Personal Details.
    • Contact Details.
    • Education Related Details.
    • Project Details.
  • Now click on submit to submit the Application Form of Unemployed Youth Employment Generation Programme.
  • Application Form and Documents will be scrutinized by the concerned officials of District Industries Centre.
  • Selected Applicant will be called for Interview.
  • After Interview, Applications for Capital Subsidy will be sent to bank for loan.
  • Then an Entrepreneurship Development Programme Training will be conducted for Selected Applicants.
  • It is mandatory to attend the Training of Entrepreneurship Development Programme.
  • Loan will only disbursed by the bank once applicant submit the Entrepreneurship Development Programme Training Certificate in the bank.
  • Applicant will also track their Application Status of Unemployed Youth Employment Generation Programme Online.

Application Flow of Programme

Application Flow of Unemployed Youth Employment Generation Programme

Important Links

Contact Details

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