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.
