The UYEGP Scheme 2024 is a cool program just for people living in Tamil Nadu who work in the MSME department. If you’re part of this scheme, you can get money back, which is called a subsidy. You can get up to 25% of your project costs paid for! This is a great chance for young people looking for jobs.
The main aim of the Tamil Nadu UYEGP Scheme 2024 is to help reduce unemployment. It is especially for those who have less money or come from not-so-good backgrounds. This scheme also tries to stop people from moving to big cities in search of jobs because of unemployment. Instead, it helps young educated people create their own jobs right where they live.
With this scheme, young folks can get money to start their own businesses. They will make and sell products or offer services in their own communities. This is a big help for them!
About UYEGP Scheme
The Unemployed Youth Employment Generation Programme, or UYEGP scheme, is a cool program started by the Government of Tamil Nadu. This scheme helps young people in Tamil Nadu who don’t have jobs. The Micro, Small, and Medium Enterprises Department is in charge of this helpful project for our youth.
The main aim of UYEGP is to solve the big problem of unemployment among educated young people in Tamil Nadu. It also helps those who are in tough situations and can’t find jobs or want to start their own businesses.
Under this scheme, the youth in Tamil Nadu can get loans up to ₹15 lakhs, ₹5 lakhs, and ₹5 lakhs. This means they can have enough money to start their own business. On top of that, the State Government helps out by giving financial support that can go up to 25% of the total project cost. This makes it easier for our young entrepreneurs to start working on their dreams.
Also Read: Tamil Nadu Unemployment Assistance Scheme
Key Summary of the UYEGP Scheme
| Name of the scheme | UYEGP Scheme |
| Launched by | The Tamil Nadu State Government |
| Beneficiaries | citizens of the state and who have been citizens for the last 3 years. |
| Objectives | provide loans and subsidies for businesses to low-income citizens. |
| Subsidy | 25% of the total Project |
| Official website | msmeonline TN Portal |
The objective of the UYEGP Scheme
The main aim of the UYEGP scheme is to help create jobs for young people in Tamil Nadu. This program is really important for the educated but jobless youth of Tamil Nadu. It provides a lot of support and guidance to those who are struggling to find work.
The UYEGP program wants to reduce unemployment rates, especially among people who come from poorer backgrounds. This includes young people who have education but still can’t find a job. The scheme helps them start their own businesses.
These young people can become independent by opening companies in areas like manufacturing, services, and retail. This is a great way for them to make money and be their own boss.
Also, the UYEGP scheme focuses on helping those in impoverished areas of Tamil Nadu. The government is making special efforts to support minority group citizens. This is all about improving their lives and providing them with better opportunities.
Eligibility Criteria
- Eighth-grade education is the minimum required for entrepreneurs.
- Candidates for UYEGP may be any adult (18+). 45 is the maximum age for general categories, and 35 is the maximum age for special categories.
- No more than Rs. 1,50,000 should be the couple’s yearly income.
- Three years of residency are required for the entrepreneur.
- Applying for UYEGP requires the beneficiary not to have received a loan or subsidy from the State or Central Government.
- The eighth grade must have been completed successfully.
Also Read: Madras University Free Education Scheme
Benefits of the UYEGP Scheme
- 10% sponsorship contribution for general programs and 5% for special category programs are made to lessen the unemployment challenges faced by socially and economically disadvantaged population segments.
- Individual-Based Capital Subsidy @ 25% of the Project Cost Maximum Project Costs of Rs. 1500,000, Rs. 50,000, and Rs. 500,000 Individual-Based Capital Subsidy @ 25% of the Project Cost (Maximum Rs. 2.50 lakh) for Construction, Commerce, and Service Projects
- In order to encourage more involvement from every district, the interest rate offered under the UYEGP scheme is determined by RBI rules for beneficiaries chosen at the district level.
- Seven-day courses in the Entrepreneur Development Programme (EDP) for beneficiaries of the initiative.
Required Documents
- Identification Proof
- An estimated cost for the project’s required resources.
- A certificate of education certification.
- Project overview
- Proof of residence
- certification of caste, if any
- People with disabilities (if any)
- Passport-sized pictures
- Cell Phone Number
UYEGP Loan Amount Details
| Applicant Category | Applicant’s Contribution | Loan | Subsidy |
| General Category applicant | 10% | 90% amount of project cost | 25% of the total project cost |
| Special Category applicant | 5% | 95% amount of project cost | 25% of the total project cost |
Eligible Categories
- Scheduled Cast
- Scheduled Tribe
- Backward Class
- Most Backward Class
- Minorities
- Women
- Transgender
- Ex-servicemen
- Physically Challenged
Know UYEGP Scheme Eligibility Online
To know the UYEGP Scheme Eligibility Online follow these steps;
Step 1: first you must visit the official UYEGP website of the MSME portal and click on the know your eligibility option.
Step 2: you will be redirected to another page and then there you will have to fill in all the details
Step 3: fill in all the required fields very carefully so that there are no errors. Then click on submit after filling in all the details.
Step 4: by following all these steps you can check your eligibility for the UYEGP Scheme
UYEGP Scheme Online 2024 By Aadhaar Card and Mobile Number
To apply for the scheme, you must follow the following application procedure:
Step 1: First visit the official UYEGP website When you go to the official website, the homepage will show up.
Step 2: Click the “Apply Online” option on this new page, then select “New Application.” The application for the Unemployed Youth Employment Generation Program will be displayed.
Step 3: The applicant must provide the entrepreneur’s email address, educational history, and basic information. Enter them accurately.
Step 4: Next, upload scanned images that match the website’s specifications for size. You must include details regarding the venture’s category, its line of activity, the project expenditure as well as the address where the activities will begin.
Step 5: To proceed with the application, click the “Proceed” button. You will receive an application ID after submitting your application.
Step 6: Next, select “Upload Documents” under “Apply Online” under the Micro, Small, and Medium Enterprises Department. After entering the application ID, press the “Submit” button.
Step 7: Your form is submitted after you click “Submit.” Authorities will now investigate, confirm, and update you.
Step 8: You will receive an interview call if you are accepted. The bank will be informed if the candidate does well in the interview that the loan needs to be accepted.
Step 9: The bank will grant approval for the loan. A letter inviting participation in the EDP training will be sent to the interested party.
Login Under UYEGP
To Login under UYEGP Scheme follow these steps;
Step 1: first you must visit the official website of the MSME portal and click on the Login option
Step 2: you will be redirected to another page and then there you will have to fill in all the details
Step 3: fill in all the required fields very carefully so that there are no errors. Then click on submit after filling in all the details.
Step 4: hence this way you will be logged in to your profile,
Check UYEGP Scheme Status Online
To check the UYEGP Scheme status follow these steps;
Step 1: first you must visit the official website of the MSME portal and click on the TRACK YOUR STATUS option
Step 2: you will be redirected to another page and then there you will have to fill in all the details
Step 3: click on the submit option and the status of your profile will appear on the screen
Contact details
- Visit https://msmeonline.tn.gov.in/ for queries
FAQS
What does UYEGP Stand for?
The Unemployed Youth Employment Generation Programme also known as UYEGP scheme was launched by the Government of Tamil Nadu.
What are the benefits of UYEGP scheme?
Its primary goal is to address the issue of unemployment among the state’s educated and jobless youth.