The UYEGP Scheme 2024 is exclusively available to Tamil Nadu residents who work in the MSME department. Beneficiaries will receive subsidies under a new program worth up to 25% of project costs. The goal of the Tamil Nadu UYEGP Scheme 2024 is to lower unemployment among those who are socially and economically disadvantaged. It is designed to lower rural-to-urban migration caused by unemployment. This scheme will enable educated, unemployed individuals to work for themselves in their communities. These youths receive funding to launch businesses that will provide goods and services. Interested citizens of Tamil Nadu can visit msmeonline.tn.gov.inwebsite to fill out the application form and apply for the scheme. Keep reading this article to know more about the scheme.
What is the UYEGP Scheme?
The Unemployed Youth Employment Generation Programme also known as the UYEGP scheme was launched by the Government of Tamil Nadu. The Micro, Small, and Medium Enterprises Department is the department that is looking over this project for the Youth of Tamil Nadu. Its primary goal is to address the issue of unemployment among the state’s educated and jobless youth. As well as the socially and economically disadvantaged groups that are unable to find jobs and are looking for business opportunities. The youth of Tamil nadu can get loans up to ₹15 lakhs, ₹5 lakhs, and ₹5 lakhs, respectively. With the State Government providing subsidy assistance up to 25% of the project cost.
Also Read: Tamil Nadu Unemployment Assistance Scheme
Helpful Summary of the UYEGP Scheme
| Name of the scheme | UYEGP Scheme |
| Launched by | The Tamil Nadu State Government |
| Beneficiaries | citizens of the state and who have been citizens for the last 3 years. |
| Objectives | provide loans and subsidies for businesses to low-income citizens. |
| Subsidy | 25% of the total Project |
| Official website | msmeonline TN Portal |
The objective of the UYEGP Scheme
The primary objective of the UYEGP scheme is to provide and generate employment in the state of Tamil Nadu. The unemployed youth of Tamil Nadu who are educated but unable to find jobs can get a lot of help. The main goal of the UYEGP program is to lower unemployment rates among socially and economically disadvantaged groups in society. Especially among educated and jobless individuals, by allowing them to start their businesses. They can become independent contractors by creating manufacturing, service, and retail businesses. Serving all impoverished areas of the state indicates that minority group citizens are the focus of government efforts to improve their lot in life.
Eligibility Criteria
- Eighth-grade education is the minimum required for entrepreneurs.
- Candidates for UYEGP may be any adult (18+). 45 is the maximum age for general categories, and 35 is the maximum age for special categories.
- No more than Rs. 1,50,000 should be the couple’s yearly income.
- Three years of residency are required for the entrepreneur.
- Applying for UYEGP requires the beneficiary not to have received a loan or subsidy from the State or Central Government.
- The eighth grade must have been completed successfully.
Also Read: Madras University Free Education Scheme
Benefits of the UYEGP Scheme
- 10% sponsorship contribution for general programs and 5% for special category programs are made to lessen the unemployment challenges faced by socially and economically disadvantaged population segments.
- Individual-Based Capital Subsidy @ 25% of the Project Cost Maximum Project Costs of Rs. 1500,000, Rs. 50,000, and Rs. 500,000 Individual-Based Capital Subsidy @ 25% of the Project Cost (Maximum Rs. 2.50 lakh) for Construction, Commerce, and Service Projects
- In order to encourage more involvement from every district, the interest rate offered under the UYEGP scheme is determined by RBI rules for beneficiaries chosen at the district level.
- Seven-day courses in the Entrepreneur Development Programme (EDP) for beneficiaries of the initiative.
Required Documents
- Identification Proof
- An estimated cost for the project’s required resources.
- A certificate of education certification.
- Project overview
- Proof of residence
- certification of caste, if any
- People with disabilities (if any)
- Passport-sized pictures
- Cell Phone Number
UYEGP Loan Amount Details
| Applicant Category | Applicant’s Contribution | Loan | Subsidy |
| General Category applicant | 10% | 90% amount of project cost | 25% of the total project cost |
| Special Category applicant | 5% | 95% amount of project cost | 25% of the total project cost |
Eligible Categories
- Scheduled Cast
- Scheduled Tribe
- Backward Class
- Most Backward Class
- Minorities
- Women
- Transgender
- Ex-servicemen
- Physically Challenged
Know UYEGP Scheme Eligibility Online
To know the UYEGP Scheme Eligibility Online follow these steps;
Step 1: first you must visit the official UYEGP website of the MSME portal and click on the know your eligibility option.
Step 2: you will be redirected to another page and then there you will have to fill in all the details
Step 3: fill in all the required fields very carefully so that there are no errors. Then click on submit after filling in all the details.
Step 4: by following all these steps you can check your eligibility for the UYEGP Scheme
UYEGP Scheme Online 2024 By Aadhaar Card and Mobile Number
To apply for the scheme, you must follow to the following application procedure:
Step 1: first visit the official UYEGP website for the When you go to the official website, the homepage will show up.
Step 2: Click the “Apply Online” option on this new page, then select “New Application.” The application for the Unemployed Youth Employment Generation Program will be displayed.
Step 3: The applicant must provide the entrepreneur’s email address, educational history, and basic information. Enter them accurately.
Step 4: Next, upload scanned images that match the website’s specifications for size. You must include details regarding the venture’s category, its line of activity, the project expenditure as well as the address where the activities will begin.
Step 5: To proceed with the application, click the “Proceed” button. You will receive an application ID after submitting your application.
Step 6: Next, select “Upload Documents” under “Apply Online” under the Micro, Small, and Medium Enterprises Department. After entering the application ID, press the “Submit” button.
Step 7: Your form is submitted after you click “Submit.” Authorities will now investigate, confirm, and update you.
Step 8: You will receive an interview call if you are accepted. The bank will be informed if the candidate does well in the interview that the loan needs to be accepted.
Step 9: The bank will grant approval for the loan. A letter inviting participation in the EDP training will be sent to the interested party.
Login Under UYEGP
To Login under UYEGP Scheme follow these steps;
Step 1: first you must visit the official website of the MSME portal and click on the Login option
Step 2: you will be redirected to another page and then there you will have to fill in all the details
Step 3: fill in all the required fields very carefully so that there are no errors. Then click on submit after filling in all the details.
Step 4: hence this way you will be logged in to your profile,
Check UYEGP Scheme Status Online
To check the UYEGP Scheme status follow these steps;
Step 1: first you must visit the official website of the MSME portal and click on the TRACK YOUR STATUS option
Step 2: you will be redirected to another page and then there you will have to fill in all the details
Step 3: click on the submit option and the status of your profile will appear on the screen
Contact details
- Visit https://msmeonline.tn.gov.in/ for queries
FAQS
What does UYEGP Stand for?
The Unemployed Youth Employment Generation Programme also known as UYEGP scheme was launched by the Government of Tamil Nadu.
What are the benefits of UYEGP scheme?
Its primary goal is to address the issue of unemployment among the state’s educated and jobless youth.