Here is a good news for the citizens of Tamil Nadu State as the government has launched UYEGP Scheme. The aim of the government to launch this scheme is to reduce the unemployment among the socially disadvantaged and economically weaker sections of society. To know more about the scheme continue to read the article till the end. To receive more information about the scheme, interested students should go through the official website at https://msmeonline.tn.gov.in/. Further in this article we will provide you the detailed description about the Scheme including Key Highlights, Objectives, Benefits & Features, Eligibility Criteria, Required Documents, Registration Procedure for UYEGP Scheme, etc.
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About UYEGP Scheme
Micro, Small and Medium Enterprises Department (MSME), The Government of Tamil Nadu has introduced UYEGP Scheme. UYEGP stands for Unemployed Youth Employment Generation Programme. This programme is launched for unemployed citizens of the state who belongs to socially disadvantaged and economically weaker sections of society. The state government will provide financial assistance to unemployed citizens so that they can start manufacturing, services or can have their own business firms. As we know how difficult it is to start a business, especially for those people who belong to socially disadvantaged and economically weaker sections of society, they also face difficulties in taking loan from the bank, so keeping all these things in mind the state government has taken this initiative to launch Unemployed Youth Employment Generation Programme.
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Key Highlights Of UYEGP Scheme
| Name of the Article | UYEGP Scheme |
| Launched By | Micro, Small and Medium Enterprises Department (MSME), The Government of Tamil Nadu |
| Beneficiary | Citizens of Tamil Nadu |
| Benefits | Financial assistance to start own business |
| Objective | To reduce the unemployment among the socially disadvantaged and economically weaker sections of society |
| State | Tamil Nadu |
| Year | 2024 |
| Mode of Transfer | DBT (Direct Benefit Transfer) |
| Form of Benefit | Business Loans |
| Hosting Site | NIC (National Informatics Center) |
| Mode of Application | Online |
| Official Website | https://msmeonline.tn.gov.in/ |
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Objectives Of UYEGP Scheme
The objectives of the UYEGP Scheme are as follows:
- The primary objective of launching the Unemployed Youth Employment Generation Programme is to reduce the unemployment among the socially disadvantaged and economically weaker sections of society.
- Another aim of the program is to provide financial assistance to the citizens of Tamil Nadu State for establishing their business units.
- The aim of the government to launch this program is to encourage unemployed citizens to become self-reliant by providing them with the necessary resources, guidance and support which includes financial assistance as well.
- Another objective of this program is to increase the employment ratio among the citizens of the state.
Benefits & Features Of UYEGP Scheme
Here are some benefits & features of UYEGP Scheme, which are as follows:
- Under this scheme the Government of Tamil Nadu will provide financial assistance to unemployed citizens so that they can start manufacturing, services or can have their own business firms.
- The scheme will provide self employment opportunities to the citizens of Tamil Nadu state.
- To reduce the unemployment among the economically and socially disadvantaged group of the society, sponsorship contribution of 10% for general and 5% for special category will be provided.
- Marketing assistance from the District Industries Center (DIC) also organizes buyer-seller meetings at regular intervals.
- The program prioritizes district-level beneficiary selection to guarantee an equitable distribution of benefits across the state.
- All the beneficiaries are required to participate in a seven-day Entrepreneur Development Programme training course.
- This scheme will increase the employment opportunities for all the unemployed citizens of Tamil Nadu state.
- The state government is taking a significant step towards building a more self-reliant and prosperous Tamil Nadu. This comprehensive approach not only benefits individuals but also contributes to the overall socio-economic development of the state which will create a brighter future for all its residents.
Eligibility Criteria
To avail the benefit under UYEGP Scheme, you should fulfill these eligibility criteria:
- Applicant should be a permanent resident of Tamil Nadu State.
- The applicant should have at least passed an eighth-grade education.
- Age of the applicants must be between 18-45 in general and for special categories such as Women, Minorities, BC, MBC, SC, ST, Ex-servicemen, Transgenders, Differently-abled, the age relaxation is up to 55 years.
- Annual family income should be less than Rs. 5 Lakh.
- Training is required for a UYEGP loan.
- The recipient must not have received a State/Central Government loan or subsidy to apply for UYEGP.
- Applicants must not have taken any kind of loan before.
Required Documents
To avail the benefit under UYEGP Scheme, candidates should have these following documents:
- Identity Proof (PAN/ Driving Licence/ Passport/ Bank Passbook/ Aadhaar/ Voter ID Card)
- Address Proof of the Applicant (Driving licence, Passport, Electricity bill, Ration Card, Bank passbook, Voter Id)
- Educational Certificate
- Bank Passbook or Canceled Cheque
- Upload Project Report
- Caste certificate (If applicable)
- Handicapped (If applicable)
- Passport size photograph
- Mobile Number
- Email ID
Application Procedure For UYEGP Scheme
To apply for UYEGP Scheme, please follow the below mentioned steps:
- Visit the Official Website at https://msmeonline.tn.gov.in/.
- On homepage select “UYEGP” under Schemes option.
- On another page click on “New Application” under “Apply Online” option.
- If you are a new user click on “Register” to get registered yourself.
- Fill the details as asked in the form.
- Again login to your dashboard and fill the application form.
- Attach all the relevant documents.
- Click on Submit button to complete the application process.
- If you form get accepted, you will get a call for an interview.
- After the successful interview, the bank will be told that the loan should be approved.
- The loan will be approved by the bank. The beneficiaries will get a call letter to join the EDP training.
- You need to send in your certificate of EDP training. The affidavit should be typed on Rs. 20/- Non Judicial Stamp Paper and signed by a Notary Public.
- The affidavit should be given to the bank along with a copy of the rental or lease agreement when the loan is approved.
- Then you will receive an EDP letter for training and you have to attend those training sessions. Afterward, you will get a training certificate as well.
- Then submit the certification to the bank and you will get loans.
Contact Details
HEAD OFFICE
Department Of Industries & Commerce,
SIDCO Corporate Office Building,
Guindy Industrial Estate, Chennai 600 032
Email ID:
https://msmeonline.tn.gov.in/
FAQ’s
What is the benefit of the Unemployed Youth Employment Generation Programme?
Under this program the Government of Tamil Nadu will provide financial assistance to unemployed citizens so that they can start manufacturing, services or can have their own business firms.
Who launched the Unemployed Youth Employment Generation Programme?
Micro, Small and Medium Enterprises Department (MSME), The Government of Tamil Nadu has introduced Unemployed Youth Employment Generation Programme.
What is the registration procedure for Unemployed Youth Employment Generation Programme?
Registration procedure has been discussed above for the Unemployed Youth Employment Generation Programme.
What is the key objective of Unemployed Youth Employment Generation Programme?
The primary objective of launching the Unemployed Youth Employment Generation Programme is to reduce the unemployment among the socially disadvantaged and economically weaker sections of society.