Motivation Of Unemployed Persons To Start Self-Employed Enterprises Scheme

The scheme “Motivation of Unemployed Persons To Start Self-Employed Enterprises Scheme (MUPSES)” was launched by the Union Territory of Puducherry in the year 2006 with a view to encouraging self-employment among the youth in manufacturing and service activities largely in support of the growing economy of the Union Territory of Puducherry. Objective: To encourage unemployed persons in the U.T. of Puducherry to start self-employment in manufacturing or service sector enterprises. Activities Covered: All economically viable service and industrial activities. Mechanized laundry, Beauty Parlour (Saloon), Tailoring units, and Setting up of Hygienic Tea / Coffee Stalls are presently encouraged under the scheme. Project cost: Up to ₹2, 00,000/-. Means of finance: Finance from Banks / Financial Institutions Interest: Normal bank rate of interest on the date shall be charged.