USKP-a Scheme by WB Govt. to Boost Entrepreneurship



Udiyaman Swanirbhar Karmasansthan Prakalpa is a scheme by West Bengal government to grant loan to unemployed youth by providing them with subsidized credit from commercial banks. The scheme launched in 2008 is provided to those youth who are registered with employment exchanges.

Nodal Agency:

Directorate of Employment, Labour Department, West Bengal with Employment Exchanges network has implemented this scheme through commercial banks and other financial organizations.

Industries:

Small scale industries like retail, trade, service sector, transport, agriculture related activities are considered under this scheme.

Financial assistance:

  • Maximum loan including margin money/subsidy given to any individual entrepreneur is ₹ 50,000/-
  • Margin money/subsidy given to an individual at the rate of 25% is amounted to a maximum ₹ 12,500/-

If beneficiary is more than one in identical trade then that is equitable as a joint/group activity under this scheme. In such cases, the group is benefitted under Udiyaman Swanirbhar Karmasansthan Joutha Prakalpa. However, the benefits provided under this scheme remain the same irrespective of single or joint venture.

Eligibility criteria:

  • Age criteria- The applicant has to be between age 18 and 45 years. In case of SC/ST/OBC/Differently abled/Women, the upper age limit is relaxed by 5 years.
  • The applicant has been registered under Employment Exchange for over one year. However, candidates from SC/ST/OBC/Women/Differently abled/Ex-Servicemen/EDP trained candidates are not required to register under employment exchange.
  • Must have paid his dues in financial organizations, governments and banks.
  • The beneficiary is not getting any benefits under Self Employment Scheme for the Registered Unemployed (SESRU) anywhere in the state.

Self employment awareness camp:

Directorate of Employment, West Bengal in a bid to generate more entrepreneurs is using the Employment Exchanges with two core objectives.

  1. To aware unemployed youth about the available opportunities regarding self-employment in present employment market.
  2. To provide entrepreneurs with required information and guidance about self-employment scheme, marketing strategy, banking procedures.

Duration of repayment:
Repayment can be done in maximum 5 to 7 years.

How to avail:

Prescribed application form supported by prescribed affidavit is available with the local Employment Exchange. Contact the employment exchange offices at respective locations to apply for this scheme.

Application Form

Affidavit Form


About Shreya Chatterjee

3 comments

  1. I am working in IT field and also my age is 42 years. I am interested to serve our country and also want to open our own business. I need the suggestion and guidelines so that i can plan some industry or hitech farming.

    Some options are there in my mind
    1. Chocolate Factory
    2. Dairy
    3. Online medical solution and medicine distribution
    4. School

    My maximum investment capability is 40 L with 3 partner.

  2. I am not only an orphan but also a recent divorcee with no children.I am 40years old women a graduate. None of my relatives are keen to allow me shelter at their place nor are they willing to help me financially to start a small business for living. I plan to start manufacturing of Agarbattis or Sanitary Napkins near home, which will need very small investment of approx Rs 5.0 lakhs. I shall be obliged if you kindly let me know in details as to whom & how to apply, repayment terms etc. I am presently staying at Narendrapur with an old friend of my deceased father. I have Bank accounts in UBI & SBI with very very little savings & also have an AAdhaar card.Please treat the matter as most urgent.

    Tithi Chowdhury.

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