MUPSSEE
What this is
The scheme “Motivation of Unemployed Persons to Start Self-employed Enterprises” by the Dept of Industries and Commerce, UT of Puducherry was introduced to encourage self-employment among the youth in manufacturing and service activities, supporting the growing economy of Puducherry.
In detail
The scheme “Motivation of Unemployed Persons to Start Self-employed Enterprises” by the District Industries Centre, Department of Industries and Commerce, UT of Puducherry was introduced to encourage self-employment among the youth in manufacturing and service activities, supporting the growing economy of the Union Territory of Puducherry.
Who qualifies
- The applicant's age should align with the existing norms of banks.
- The applicant should be able to read and write fluently.
- The applicant should be a permanent resident of the area for at least 3 years.
- All economically viable service and industrial activities are eligible.
What you get
> Quantum of Loan
Ranging from ₹10,000 to ₹2,00,000.
> Subsidy
- 50% of the project cost (excluding preliminary and pre-operative expenses) for projects not exceeding ₹10,000.
- 25% of the project cost (excluding preliminary and pre-operative expenses), subject to a maximum of ₹25,000, for projects exceeding ₹10,000 but less than ₹2,00,000.
> Interest
Normal bank rate of interest on the date shall be charged.
> Disbursement
The disbursement of the loan will be done once the beneficiary completes the formalities required by the banks for their project.
not about the scheme.
Provenance
| schemeName | Motivation of Unemployed Persons to Start Self-employed Enterprises | myScheme · 2026-09-02 |
| schemeOpenDate | ... | not published at source |
| schemeCloseDate | ... | not published at source |
| nodalMinistryName | ... | myScheme · 2026-09-02 |
| dbtScheme | False | myScheme · 2026-09-02 |
| achievement data | ... | no source publishes this for any central scheme |