New Plan on providing Employment for 10,000 Youngsters
TamilNadu Government, on behalf of Micro, Small and Medium Enterprises (MSME), serves a new plan to dole out the employment opportunity for unemployed and below poverty line youngsters.
This new plan will function under the name of
‘Entrapping Employment Opportunity for Youngsters’. About 10, 000 youngsters
will be benefited by this plan, uplifted by the TamilNadu Government.
During the fiscal year of 2013-14, a fund of Rs. 8.79
Crores has been allocated by the government for this new plan.
This fund has been sub divided as:
Monetary Fund and Loan for Initiation of Industries –
Rs.8 Crore
Training for Industry Handling – Rs.46.88 Lakhs
Advertisements - Reach of this new plan to the
youngsters – Rs.23.17 Lakhs
Sudden Expenses – Rs.9.34 Lakhs
To initiate the industry, the applicants can get a 15 percent subsidy and Rs. 1, 3, 5 Lakh loan from the TamilNadu Government.
