Question: What benefits does Motivation Of Unemployed Persons To Start Self-Employed Enterprises Scheme provide?

Answer: Benefits under Motivation Of Unemployed Persons To Start Self-Employed Enterprises Scheme:

of the scheme?Unemployed Men and Women of the Union Territory of Puducherry are eligible to apply under the scheme.What
are the activities covered under the scheme?All economically viable service and industrial activities are covered under the scheme such
as Mechanized laundry, Beauty Parlour (Saloon), Tailoring units, and Setting up of Hygienic Tea / Coffee Stalls are presently
encouraged under the scheme.What is the age criterion under the scheme?The age of the applicant should be as per the existing norms of
banks.What is the income criterion under the scheme?There is no family income limit.Is this scheme only for a permanent resident of the
Union Territory of Puducherry?Yes, the applicant should be a permanent resident of the Union Territory of Puducherry for at least 3
years.What is the educational qualification required to avail of the benefits of the scheme?No formal education is required, the applicant
should know to read and write fluently.What is the rate of interest on loan amount?Normal bank rate of interest on the date shall be
charged.What should be the project cost under the scheme?The project cost should be up to â‚¹2, 00,000/-.Where can an applicant get the
application form?The applicant may download the application form from the official website. https://dic.py.gov.in/mupses-application-
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NowPuducherryMotivation Of Unemployed Persons To Start Self-Employed Enterprises
SchemeEnterprisesLoanMotivationSelf-employmentSubsidyUnemployedYouthDetailsBenefitsEligibilityApplication ProcessDocuments
RequiredFrequently Asked QuestionsThe scheme â€œMotivation of Unemployed Persons To Start Self-Employed Enterprises Scheme
(MUPSES)â€​ was launched by the Union Territory of Puducherry in the year 2006 with a view to encouraging self-employment among
the youth in manufacturing and service activities largely in support of the growing economy of the Union Territory of
Puducherry.Objective: To encourage unemployed persons in the U.T. of Puducherry to start self-employment in manufacturing or service
sector enterprises.Activities Covered: All economically viable service and industrial activities. Mechanized laundry, Beauty Parlour
(Saloon), Tailoring units, and Setting up of Hygienic Tea / Coffee Stalls are presently encouraged under the scheme.Project cost: Up to
â‚¹2, 00,000/-.Means of finance: Finance from Banks / Financial InstitutionsInterest: Normal bank rate of interest on the date shall be
charged.OkWas this helpful?ShareNews and UpdatesNo new news and updates availableÂ©2024Powered byDigital India
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