The Motivation of Unemployed Persons To Start Self-Employed Enterprises Scheme (MUPSES) was launched in 2006 by the Union Territory of Puducherry to encourage self-employment among the youth, particularly in the manufacturing and service sectors. This scheme aims to help unemployed persons set up their own enterprises, thereby contributing to the growth of the local economy.
Objective:
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To promote self-employment in the manufacturing and service sectors for unemployed individuals in the Union Territory of Puducherry.
Activities Covered:
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Economically viable service and industrial activities, including: • Mechanized laundry • Beauty parlors (salons) • Tailoring units • Hygienic tea/coffee stalls
Project Cost:
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Up to ₹2,00,000 for setting up a startup.
Means of Finance:
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Finance from Banks/Financial Institutions.
Interest:
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Normal bank rate of interest applicable on the date of the loan.
Benefits
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The scheme offers financial support in the form of a loan ranging from ₹10,000 to ₹2,00,000.
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Subsidy for the Project Cost:
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50% subsidy for projects up to ₹50,000 (excluding pre-operative and preliminary expenses).
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35% subsidy for projects exceeding ₹50,000 but less than ₹2,00,000, with a cap of ₹35,000.
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Loan Disbursement:
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The loan amount is disbursed once the applicant completes the necessary formalities with the bank.
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Eligibility
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Unemployed men and women residing in the Union Territory of Puducherry.
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The applicant must be a permanent resident of Puducherry for at least 3 years.
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Age criteria as per the existing norms of banks.
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No formal education requirement, but the applicant must be able to read and write fluently.
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No limit on family income.
Application Process
Offline Process
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Contact: The applicant needs to visit the District Industries Centre (DIC) in their respective district of Puducherry.
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Application Form: The applicant can download the form from the official website or obtain it from the DIC.
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Fill the Form: Complete the application form and attach all the necessary documents.
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Submit Application: Submit the completed application form to the nearest District Industries Centre during office hours.
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Scrutiny and Interview: The applications will be scrutinized, and eligible candidates will be called for an interview once a quarter.
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Bank Processing: Successful candidates will be forwarded to the respective banks for further processing.
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Loan Disbursement: Once the applicant completes all formalities, the loan will be disbursed.
Documents Required
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Identity proof
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Proof of age
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Educational qualification, if any
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Passport size photos (2 numbers)
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Proof of residence (e.g., family ration card)
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Caste certificate, if applicable
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Brief project report
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Experience certificate, if any
Frequently Asked Questions
Q: What is the objective of the scheme?
A: To encourage unemployed individuals to start self-employed enterprises in manufacturing or service sectors.
Q: Who implements this scheme?
A: The Department of Industries of Puducherry.
Q: When was the scheme started?
A: The scheme was launched in 2006.
Q: What benefits are provided under this scheme?
A: The scheme provides loans (₹10,000 to ₹2,00,000) and subsidies (50% or 35% of project cost).
Q: Who is eligible for this scheme?
A: Unemployed men and women in Puducherry, aged as per bank norms, and able to read and write fluently.
Q: What activities are covered under the scheme?
A: Service and industrial activities like mechanized laundry, beauty parlors, tailoring, and hygienic tea/coffee stalls.
Q: What is the age requirement for applicants?
A: As per bank norms.
Q: Is there an income limit for applicants?
A: No, there is no income limit for family members.
Q: Is this scheme only for permanent residents of Puducherry?
A: Yes, the applicant must be a permanent resident for at least 3 years.
Q: What is the loan amount available under the scheme?
A: Loans range from ₹10,000 to ₹2,00,000.
Q: What is the interest rate for loans under this scheme?
A: The normal bank rate of interest applicable at the time of the loan.
Q: Where can I get the application form?
A: The form can be downloaded from the official website or obtained from the District Industries Centre.