UYEGP scheme details: eligibility, benefits, application filling, and documents
Seeing the need to assist business owners, particularly in Tamil Nadu's rural and urban areas, the state government launched the Unemployed Youth Employment Generation Programme (UYEGP) . This initiative strives to bridge the gap between young entrepreneurs' goals and the resources they need to transform their business ideas into reality. What is the UYEGP Scheme: Overview The Micro, Small, and Medium Enterprises Department of the Tamil Nadu government launched the Unemployed Youth Employment Generation Programme (UYEGP) . The program's goal is to lower unemployment, particularly for educated young people from economically and socially disadvantaged backgrounds. It provides young people without jobs with financial assistance to launch their enterprises. With a government subsidy covering 25% of the project cost, the initiative offers loans of up to₹15 lakhs for manufacturing,₹5 lakhs for services, and ₹5 lakhs for business operations. The objective of the UYEGP sch...