The District Industries Centre has invited applications from unemployed youth to avail of loans under the Unemployed Youth Employment Generation Programme (UYEGP).
The scheme entails financial support for economically available manufacturing, service, and business activities excluding agricultural activities.
How to fill the UYEGP application?
Under this, loans up to Rs. 5 lakh could be availed by the manufacturing sector; up to Rs. 3 lakh for services sector and up to Rs.1 lakh for the business sector from all nationalised banks, private banks, and Tamil Nadu Industrial Cooperative Bank. No collateral security is required to avail the loan assistance.