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Single Window Facilitation for MSMEs

The Tamil Nadu Government supports the entrepreneurs who come forward to set up an enterprise. The entrepreneurs can get all licenses/approvals from various departments under the single window mechanism. In order to demonstrate the state’s interest in creating an investor friendly climate, conducive to the domestic and global business community, the MSME Department has implemented the online Single Window Portal to deliver requisite services to the investors in a time-bound…

Publish date: 17/03/2020
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Amma skill Training & Employment Scheme

The Amma Skill Training and Employment Scheme aims at promotion of the MSME sector by providing them with necessary skilled human resources. The MSME units providing training to the candidates selected by them will have to pay a stipend of RS.5000/- per month / candidate upto six months. Out of this, Rs.2,000/- per month will be reimbursed by the Government of Tamil Nadu to the MSMEs after completion of the…

Publish date: 17/03/2020
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Scheme for Promotion of Energy Audit and Conservation of Energy (PEACE)

Objectives: Creation awareness & educating MSMEs about benefits /advantages of the new techniques /technologies for saving energy. Encouraging MSMEs for adopting energy audits to improve energy efficiency and fuel substitution, and monitoring the implementation of recommendations. Highlights of the Schemes: Incentive for conducting detailed energy audit @ 50% of the energy audit cost subject to a maximum of RS.0.75 lakh per energy audit per unit. Incentive for implementing energy audit…

Publish date: 17/03/2020
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MSME Subsidy Schemes

The following incentives and concessions are being extended to the micro, small and medium enterprises in the state. Capital Subsidy 25% capital subsidy on the value of eligible plant and machinery, subject to a maximum of Rs.50 lakhs. Eligibility Criteria: All new micro manufacturing enterprises established anywhere in the state. All new small and medium enterprises under 13 thrust sectors established anywhere in the state excluding additional capital subsidy and…

Publish date: 17/03/2020
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Prime Minister’s Employment Generation Programme (PMEGP)

Government of India has approved the introduction of a new credit linked subsidy programme called “Prime Minister’s Employment Generation Programme (PMEGP) for generation of employment opportunities through establishment of Micro enterprises in Rural as well as Urban Areas. The Scheme will be implemented by Khadi and Village Industries Commission (KVIC), a statutory organization under the administrative control of the Ministry of MSME as the single nodal agency at the National…

Publish date: 09/01/2020
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New Entrepreneur cum Enterprise Development Scheme (NEEDS)

Objective: To assist first generation entrepreneurs to set up their manufacturing /service enterprises with financial assistance for a maximum project cost of Rs.5.00 crores from banks or state financial agency. Eligibility: Age should be between 21 years to 35 years for General Category and not exceeding 45 years for Special Category (SC / ST / BC / MBC / Minority /Women / Ex-Servicemen / Differently Abled / Transgender). Should possess…

Publish date: 09/01/2020
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Un-employed Youth Employment Generation Programme (UYEGP)

Objective: To create employment opportunities to the marginalized sections of the society with financial assistance for a maximum project cost of Rs.10 lakhs for manufacturing activities, Rs.5 lakhs for service activities and Rs.5 lakhs for business activities. Eligibility: Age should be between 18 years to 35 years for General Category and upto 45 years for Special Category comprising SC / ST / BC / MBC / Minority / Women /…

Publish date: 09/01/2020
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