State Government Schemes

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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
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