Tamilnadu government... Business...5 Crore...

"This Video Sponsored by Buymote Shopping app

BuyMote E-Shopping Application is One of the Online Shopping App

Now Available on Play Store & App Store (Buymote E-Shopping)

Click Below Link and Install Application: https://buymote.shop/links/0f5993744a...

Sponsor Content: #buymote #buymoteeshopping #buymoteonline #buymoteshopping #buymoteapplication"


Disclaimer
This channel does not promote or encourage any illegal activities. All contents provided by this channel for GENERAL AND EDUCATIONAL PURPOSE ONLY. Copyright disclaimer under section 107 of the copyright act 1976, allowance is made for "fair use policy" for purposes such as criticism, comment, news reporting,teaching,scholarship and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use.

The Tamil Nadu government provides loan assistance to those who are interested in starting a business with a Plus-2 qualification, degree, diploma and ITI. That too with a substantial interest subsidy. As for this loan assistance, almost all the interest will be deducted as a subsidy. Therefore, this loan is a great boon for those who want to do business and progress. In this regard, Ramanathapuram Collector Simranjeet Singh has issued an announcement, "The Tamil Nadu government is implementing a new Entrepreneurship and Industrial Development Scheme to benefit educated, first-generation entrepreneurs. Those who have completed Plus-2, degree, diploma and ITI. Those interested in starting a business can apply for this. Under this scheme, it is recommended to get a bank loan of a minimum of Rs. 10 lakhs to a maximum of Rs. 5 crores to start manufacturing and service industries. General category candidates should be 21 years of age and not more than 45 years of age, and special category candidates should not be more than 55 years of age, scheduled tribes, backward classes, most backward classes, minorities, women, ex-servicemen, transgenders and differently-abled persons.Must be a resident of Tamil Nadu for 3 years and a first-generation entrepreneur. The own investment in the project estimate for the general category should be 10 percent and for the special category 5 percent.
Businesses started under this scheme will be given a subsidy of 25 percent of the project estimate or a maximum of Rs. 75 lakh, an additional subsidy of 10 percent for the differently-abled, scheduled castes and tribals, and an interest subsidy of 3 percent. Also, you can apply and benefit from the website address www.msmeonline.tn.gov.in/needs," said Ramanathapuram Collector Simranjeet Singh Kalon.