1. NEEDS –(New Entrepreneur Enterprise Development Scheme) Features of the Scheme 1 Age 2 Academic Qualification 3 Place of residence 4 Income ceiling 5 Eligibility of Partnership firms 6 Other conditions 21 to 35 years for General category Entrepreneurs 21 to 45 years for Special Category Entrepreneurs (Women / SC / ST / BC /MBC / Minorities / Ex-Servicemen / Transgenders / Differently abled persons) Degree, Diploma, ITI / Vocational Training from recognized Institutions. Should be a resident of Tamil Nadu State for not less than 3 years No income ceiling for assistance for setting up projects under this scheme Subject to satisfying the eligibility criteria by all the partners, partnership concerns may be considered for assistance under the scheme. EDP training will be provided to only one of the partners. Assistance is available only for new projects sanctioned specifically under the NEEDS. Entrepreneurs who have already availed assistance PMRY, REGP, (PMEGP), UYEGP), (TAHDCO) or any other scheme of Government of India or State Government will not be eligible . Any applicant/entrepreneur who has availed loan for economic activity under Self Help Group/other group activity will also be not eligible. The applicant should not be a defaulter to any Commercial Bank / TIIC. Website: http://www.tiic.in/ , http://www.indcom.tn.gov.in/needs.html 2. UNEMPLOYED YOUTH EMPLOYMENT GENERATION PROGRAMME (UYEGP) Eligibility Criteria: Any individual who possesses a minimum qualification of 8th std., pass Any individual above 18 years of age with the upper age limit as 35 years. Applicants belonging to SC, ST, MBC, BC, Minorities, Ex-serviceman, Differently abled persons, Women and transgender are classified as Special Category and can be upto 45 years of age. The family income of the beneficiary along with the spouse shall not exceed Rs.1,50,000/- per annum, as declared by the applicant duly certified by the Notary Public / Oath Commissioner. Activities covered: All economically viable manufacturing, service and business activities excluding direct agricultural operations like raising crop etc., Maximum Project Cost: Rs.5.00 Lakhs for manufacturing sector, Rs.3.00 Lakhs for service sector and Rs.1.00 Lakh for business sector. Promoter’s Contribution: 10% for General Category as owner’s contribution. 5% of special category (viz. Scheduled Caste / Scheduled Tribes / Backward Classes / Most Backward Classes / Minorities / Women / Exservicemen / physically challenged / Transgender) as owners’ contribution. Subsidy: Subsidy at rate of 15% of the Project cost will be sanctioned to the beneficiaries. Training: 7 days training in Entrepreneur Development Programme to be conducted by Entrepreneur Development Institute (EDI) of Government of Tamil Nadu is mandatory. However, the training shall be completed within 12 months from the date of selection by the District Task Force Committees (DTFCs). Financial Institutions: All Nationalized Banks, Private Sector Banks and Tamil Nadu Industrial Cooperative Bank. Collatera l: No collateral is required. Rate of interest : Normal Bank rate of interest. Repayment period : Repayment Schedule shall be for 5 years after an initial moratorium period of 6 months of date of commencement of project whichever is earlier. Website: www.indcom.tn.gov.in 3. SCHEME FOR POULTRY DEVELOPMENT Poultry farming has developed on a commercial scale in the Western Districts of Tamil Nadu with Namakkal as the hub of development. To replicate the commercial success of Namakkal District and to develop poultry industry in nonpoultry backward regions, the Government of Tamil Nadu launched the Scheme for Poultry Development during 2012-13 at a total outlay of Rs.22.35 crore. With the successful implementation of the Scheme, it was continued with an allocation of Rs.25 crore for development of poultry clusters for the year 2013-14. State Government Subsidy The State Government provides 25% front ended subsidy for establishing Poultry farms. National Bank for Agriculture and Rural Development (NABARD) and commercial / nationalized banks and poultry integrators are closely involved in the implementation of the Scheme. The Scheme is dovetailed with the existing Poultry Venture Capital Fund scheme of the Government of India, wherein 25% back ended subsidy is provided through NABARD to the individuals. The individual / farmer / entrepreneur must raise the rest of the funds through his own sources or through bank loans. http://www.tn.gov.in/department/3 4. Construction of New Tuna Long liner cum Gillnetter To encourage the fishermen to take up diversified fishing methods and to optimally utilize the under-exploited/unexploited offshore /deep sea fishery resources, this Government introduced a scheme of providing 25% subsidy up to Rs.5 lakh to fishermen to convert the Mechanized Fishing Boats /replace or upgrade motorized fishing crafts for Tuna long lining. Eligibility Crieteria Tuna Long Liner cum Gillnetter shall be constructed with Standard Marine Grade wood/ FRP/Steel with suitable deck layout in order to carry out longlining cum gill netting Boat constructed availing the subsidy assistance under this scheme shall not be converted into ‘Trawler’ thereafter. Design of the craft should be approved by the State Level Technical committee (SLTC) constituted for this purpose prior to initiation of the construction of the vessel. Eligibility norms Joint owners (a group consist of maximum of six owners/ Fisheries Co operative society/Individual. Only one member per family Maximum age limit upto 60 years Subsidy Assistance Subsidy extended up to 50 % of the total cost fixed by the SLTC for each component restricting to maximum of Rs 30.00 Lakhs. The State Level Technical Committee (SLTC) is the competent authority to fix reasonable prices eligible for each mandatory components. Financial assistance will be provided only as “ Back ended Subsidy” and release in 3 stages. For more details http://www.fisheries.tn.gov.in/pdf/Tuna_guidelinesGO.pdf http://www.fisheries.tn.gov.in/download-main.html