The NEEDS scheme by the Tamil Nadu government aims to provide capital and interest subsidies to educated unemployed youth to start their own businesses. Applicants must have a degree or vocational training and live in Tamil Nadu for 3+ years. Project costs can be between Rs. 5 lakh to Rs. 1 crore, and include land, buildings up to 25% of costs, and working capital. Entrepreneurs aged 21-35 general or 21-45 for special categories can apply as proprietors or partners for new businesses. They receive a month of entrepreneurship training and must contribute over 10% of project costs. Eligible projects include manufacturing and services.
Despite decades of planned development and poverty eradication programs at the national and state levels, poverty continues to persist in India. The National Rural Employment Guarantee Act (NREGA) has been a subject of lively debate, which aims at the ‘right to work’ enhancing the livelihood security of people in rural areas by guaranteeing hundred days of wage-employment in a financial year to a rural household who volunteer to do unskilled manual work. The National Rural Employment Guarantee Act was approved by the Indian Parliament in September 2005. It was renamed as ‘Mahatma Gandhi National Rural Employment Guarantee Act’ on 2-10-2009. This Act started functioning from 2nd Feb.2006. Initially it was introduced in 200 districts of the country and later extended to all districts in the country. The main aim of this Act is to enhance the purchasing power of rural people. World Development Report 2014 termed it a "stellar example of rural development" and noted economist Amartya Sen also said it is a good Scheme for employment generation in rural areas, but it has to be reformed. This Paper is an attempt to present a review of the “Mahatma Gandhi National Rural Employment Guarantee Act - With Special Reference to Telangana State.
Make in India is an initiative of the Government of India to encourage multi-national, as well as domestic, companies to manufacture their products in India. It was launched by Prime Minister Narendra Modi on 25 September 2014.India would emerge, after initiation of the programme in 2015, as the top destination globally for foreign direct investment, surpassing China as well as the United States.
The Main Motto of The Government of India is to invite business entities from all over the world to invest in Indian Manufacturing industry. For this GOI is trying to simplify the rules and regulations to invite investment from foreign investors.
Make In India is a new national program designed to transform India into a global manufacturing hub. It contains a raft of proposals designed to urge companies - local and foreign - to invest in India and make the country a manufacturing powerhouse.
The major objective behind the initiative is to focus on job creation and skill enhancement in 25 sectors of the economy.
The initiative also aims at high quality standards and minimising the impact on the environment.
The initiative hopes to attract capital and technological investment in India.
Under the initiative, brochures on the 25 sectors and a web portal were released. Before the initiative was launched, foreign equity caps in various sectors had been relaxed. The application for licences was made available online and the validity of licences was increased to three years. Various other norms and procedures were also relaxed.
The planning commission of India was transformed into Niti aayog and the changes that put forward by Niti aayog and the difference between the planning commission and the Niti aayog are depicted in these slides.
Despite decades of planned development and poverty eradication programs at the national and state levels, poverty continues to persist in India. The National Rural Employment Guarantee Act (NREGA) has been a subject of lively debate, which aims at the ‘right to work’ enhancing the livelihood security of people in rural areas by guaranteeing hundred days of wage-employment in a financial year to a rural household who volunteer to do unskilled manual work. The National Rural Employment Guarantee Act was approved by the Indian Parliament in September 2005. It was renamed as ‘Mahatma Gandhi National Rural Employment Guarantee Act’ on 2-10-2009. This Act started functioning from 2nd Feb.2006. Initially it was introduced in 200 districts of the country and later extended to all districts in the country. The main aim of this Act is to enhance the purchasing power of rural people. World Development Report 2014 termed it a "stellar example of rural development" and noted economist Amartya Sen also said it is a good Scheme for employment generation in rural areas, but it has to be reformed. This Paper is an attempt to present a review of the “Mahatma Gandhi National Rural Employment Guarantee Act - With Special Reference to Telangana State.
Make in India is an initiative of the Government of India to encourage multi-national, as well as domestic, companies to manufacture their products in India. It was launched by Prime Minister Narendra Modi on 25 September 2014.India would emerge, after initiation of the programme in 2015, as the top destination globally for foreign direct investment, surpassing China as well as the United States.
The Main Motto of The Government of India is to invite business entities from all over the world to invest in Indian Manufacturing industry. For this GOI is trying to simplify the rules and regulations to invite investment from foreign investors.
Make In India is a new national program designed to transform India into a global manufacturing hub. It contains a raft of proposals designed to urge companies - local and foreign - to invest in India and make the country a manufacturing powerhouse.
The major objective behind the initiative is to focus on job creation and skill enhancement in 25 sectors of the economy.
The initiative also aims at high quality standards and minimising the impact on the environment.
The initiative hopes to attract capital and technological investment in India.
Under the initiative, brochures on the 25 sectors and a web portal were released. Before the initiative was launched, foreign equity caps in various sectors had been relaxed. The application for licences was made available online and the validity of licences was increased to three years. Various other norms and procedures were also relaxed.
The planning commission of India was transformed into Niti aayog and the changes that put forward by Niti aayog and the difference between the planning commission and the Niti aayog are depicted in these slides.
Impact of Covid-19 on Indian AgricultureAnwesha Dey
Agriculture has proven to be the only bright spot for Indian economy during both first and second wave of Covid-19. Under various sub-headings the effect of covid-19 on agriculture has been studied.
Panchayats have been the backbone of the Indian villages since the beginning of the recorded history. Gandhiji s dream of every village being a republic or Panchayats having powers has been translated into reality with the introduction of three-tier Panchayati Raj system to enlist people’s participation in rural reconstruction
This presentations contains all the latest updates regarding the topic beti padhao beti bachao launched by our PM Narendra Modi on 22nd jan 2015,for providing economical growth to the girls and women of the society.
what is Corruption? Corruption in India,CORRUPT STATES IN INDIA, DIFFERENT AREAS OF CORRUPTION, Causes of Corruption in India, Consequences of Corruption , Ways To Reduce Corruption, Anti-Corruption Efforts
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The term Freebies is not new; rather it is a prevalent culture in Indian politics. The political parties are always trying to outdo each other in luring the Indian voters with assorted freebies. From free water to free smartphones the Indian politicians promise everything to attract prospective voters in favour. This trend has gained more momentum in the recent times with the political parties being innovative in their offerings as the ‘traditional free water and electricity’ is no longer sufficient as election goodies.
There is no limit to the financial benefits that an MSME registration certificate can proffer for your small business. Here is a comprehensive guide that will familiarize you with the numerous reforms introduced by the government for the growth of MSMEs in India.
Impact of Covid-19 on Indian AgricultureAnwesha Dey
Agriculture has proven to be the only bright spot for Indian economy during both first and second wave of Covid-19. Under various sub-headings the effect of covid-19 on agriculture has been studied.
Panchayats have been the backbone of the Indian villages since the beginning of the recorded history. Gandhiji s dream of every village being a republic or Panchayats having powers has been translated into reality with the introduction of three-tier Panchayati Raj system to enlist people’s participation in rural reconstruction
This presentations contains all the latest updates regarding the topic beti padhao beti bachao launched by our PM Narendra Modi on 22nd jan 2015,for providing economical growth to the girls and women of the society.
what is Corruption? Corruption in India,CORRUPT STATES IN INDIA, DIFFERENT AREAS OF CORRUPTION, Causes of Corruption in India, Consequences of Corruption , Ways To Reduce Corruption, Anti-Corruption Efforts
,
The term Freebies is not new; rather it is a prevalent culture in Indian politics. The political parties are always trying to outdo each other in luring the Indian voters with assorted freebies. From free water to free smartphones the Indian politicians promise everything to attract prospective voters in favour. This trend has gained more momentum in the recent times with the political parties being innovative in their offerings as the ‘traditional free water and electricity’ is no longer sufficient as election goodies.
There is no limit to the financial benefits that an MSME registration certificate can proffer for your small business. Here is a comprehensive guide that will familiarize you with the numerous reforms introduced by the government for the growth of MSMEs in India.
Micro, Medium and Small Enterprises
It is helpful for enterpreneurs and persons having interest in economy and want to gain knowledge regarding society.
You can contact me directly for any type of assistance
Everything you need to know about MSME - Micro Small and Medium Enterprise. Its Organisational structure, schemes, training programmes, or setting up an Enterprise.
1.Make in India Programme
2. Start-up India
3. Stand Up India Scheme
4. Pradhan Mantri Yuva Yojnna
5. Pradhan Mantri Kaushal Vikas Yojana (PMKVY)
6. Skill Strengthening For Industrial value Enhancement
7. National Apprenticeship Promotion Scheme
8. Skill Acquisition And Knowledge Awareness For Livelihood Promotion
XLRI-VIL: Financial Analysis and Equity Research (FA & ER)xlrivil
Financial Analysis and Equity Research is a 3 month, fully online Executive Development Program by XLRI.
This program is designed for aspiring and practicing equity analysts from both sell side and buy side.
Details about the PMEGP scheme, Eligibility, Categories of Persons allowed, Limits of Subsidy , Negative List of Business, All the details which are required for applying the PMEGP subsidy in a crisp manner
The election to the Council of the Institute of the Chartered Accountants of India- Central Council and Regional Councils has been notified and are scheduled on December 3, 2015 and Dec 4, 2015. These elections are very important for Chartered Accountants Community as a whole including members in practice, members in employment as well as members in Industry/ Businesses.
Training and Development,Types of Training,Benefits of Training, Difference between Training and Education,Difference between Training and Development,Need for Training,Importance of Training,Advantages of Training,Systematic approach of Training
Significance of Business Environment, Types of Business Environment,Components of Business Environment,Internal Environment,External Environment, Macro and Micro Environment
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Putting the SPARK into Virtual Training.pptxCynthia Clay
This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
LA HUG - Video Testimonials with Chynna Morgan - June 2024Lital Barkan
Have you ever heard that user-generated content or video testimonials can take your brand to the next level? We will explore how you can effectively use video testimonials to leverage and boost your sales, content strategy, and increase your CRM data.🤯
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Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
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What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
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Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Unveiling the Secrets How Does Generative AI Work.pdf
NEEDS scheme
1.
2.
3. •Scheme promoted by the Directorate of Industries and
Commerce(DIC), Government of Tamil Nadu.
•The objective of the scheme is to provide educated
youth with opportunities for entrepreneurship by
providing capital and interest subsidy.
•Educational Qualification: Any Degree, Diploma, ITI /
Vocational Training from recognized Institutions.
•Place of Residence: The entrepreneur should be a
resident of Tamil Nadu for not less than 3 years.
4. Project Cost
i) The minimum Project Cost will be above Rs.5.00 Lakhs and the
maximum Project Cost will be Rs.1.00 Crore. For projects costing
more than Rs.1.00 crore, subsidy component will be restricted to
Rs.25 lakhs.
ii) Cost of the land may be included in the Project cost at guideline
value or market value, prevailing as on the date of filing of loan
application, whichever is lower.
iii) Cost of construction of buildings such as Office, Work-
shed/Workshop, Laboratory etc., can be included in the project cost
subject to the condition that the cost of building shall not exceed
25% of the total project cost
iv)The cost of leased/ rental building shall not be included in the
Project cost
5. •Business Entity: Entrepreneurs starting their business
as a proprietorship or partnership are eligible for the
subsidy under the NEEDS Scheme. Also, the business
should be a new business.
•Collateral Security: Collateral security will be
decided as per Bank / Tamil Nadu Industrial
Investment Corporation Limited (TlIC) guidelines.
6. Age Criteria:
•All entrepreneurs within the age of 21 to 35 are eligible
under the General Category.
•Entrepreneurs within the age of 21 to 45 who are
also Women / SC / ST / BC / MBC / Minorities / Ex-
Servicemen / Transgenders / Differently abled persons
are eligible under the Special Category.
•subsidy : 25% of the project cost not exceeding
Rs.25.00 lakhs is provided. For projects costing more
than Rs. 1.00 Crore, subsidy component is restricted to
Rs. 25.00 lakhs.
7. •Promoter Contribution: More than 10% of the Project
Cost for general category entrepreneurs and 5% of the
project cost in case of special category entrepreneurs (BC
/ MBC / DNC / SC / ST / Women / Minorities / Ex-
Servicemen / Transgenders / Differently abled
Entrepreneurs).
Financial Institutions
i. Tamil Nadu Industrial Investment Corporation Limited
(TIIC Ltd.)
ii. All Commercial Banks including Regional Rural
Banks (RRB), Small Industries Development Bank of
India (SIDBI).
8. Training Institute :
The Entrepreneurship Development Programme (EDP) Training
will be imparted through Entrepreneurship Development
Institute, Guindy, Chennai.
Duration of the Training programme :
Duration of the EDP Training programme will be for one month
(with stipend) which includes 2weeks theoretical training, 1
week for market survey and 1 week for preparation of
Project Report.
9. Other Conditions
•Projects without capital expenditure or self financed projects
are not eligible for the subsidy.
• Entrepreneurs who have already availed subsidy linked loans
under other State Government / Government of India schemes
•Projects without capital expenditure or self financed projects
are not eligible for the subsidy. Entrepreneurs who have
already availed subsidy linked loans under other State
Government / Government of India schemes
•Only for New projects
10. Activities eligible for assistance under NEEDS
scheme
•All manufacturing and service activities are eligible
under this scheme subject to appraisal for its viability as
per the guidelines of TIIC / Bank.
•Priority will be given to projects which are eco-
friendly, accord importance to energy conservation and
are export oriented.
