COIMBATORE: The District Administration has invited applications from entrepreneurs who want to start small-scale units with assistance under the Prime Minister Employment Generation Scheme.

Target

According to a release, the assistance is disbursed in the State through the Khadi and Village Industries Commission, Tamil Nadu Khadi and Village Industries Board and the District Industries Centres. The Department of Industries and Commerce had set a target disbursing Rs. 27.78 crore as subsidy to 2,315 units and reaching out to 23,139 beneficiaries in 2009-2010.

In the State, totally Rs. 42 crore was sanctioned for 2,697 projects till the end of February 2010. Of this, Rs. 24.82 crore was disbursed for 1,646 projects and Rs. 13.50 crore subsidy was given for 804 projects.

Eligibility

Those interested in starting manufacturing units at a project cost of Rs. 10 lakh or above or service-sector units at an outlay of Rs. 5 lakh or more should have studied up to Class VIII to benefit from the scheme.

The District Collector P. Umanath has urged entrepreneurs to avail themselves of the scheme.

Courtesy - Hindu