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Puducherry

Motivation Of Unemployed Persons To Start Self-Employed Enterprises Scheme

Enterprises
Loan
Motivation
Self-employment
Subsidy
Unemployed
Youth
Details
Benefits
Eligibility
Application Process
Documents Required
Frequently Asked Questions
The scheme “Motivation of Unemployed Persons To Start Self-Employed Enterprises Scheme (MUPSES)” 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 ₹2, 00,000/-.
Means of finance: Finance from Banks / Financial Institutions
Interest: Normal bank rate of interest on the date shall be charged.
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