The Udiyaman Swanirbhar Karmasansthan Prakalpa (USKP) scheme was introduced by the government of West Bengal to help promote self-employment and entrepreneurship among the youth in the state. The scheme is a step towards addressing the rising unemployment rate in the state. 

What Is Udiyaman Swanirbhar Karmasansthan Prakalpa?

USKP is a scheme introduced to assist registered unemployed youth with financial aid to start their career. The state government of West Bengal aims to provide subsidised credits and loans from banks and financial institutions on easy terms.

This scheme aims to help the youth get a kick start on their careers and also help reduce the rate of unemployment within the state. 

Benefits Of The Scheme

The USKP scheme offers several benefits to the youth in West Bengal.

• Provides financial assistance.

• Promotes self-employment and entrepreneurship.

• Helps improve livelihood

• Reduces unemployment.

• Provides opportunities for unemployed people.

• Enhances skill development.

• Helps in economic growth

• Empower women and marginalised groups.

• Helps in promoting cooperative societies.

Is There A Maximum Limit For Loans?

The maximum limit of loans available under this scheme

• Each individual is allowed to take a loan up to Rs. 50,000, including the margin money or the subsidy provided.

• The margin money, or subsidy, is 25% of the loan taken by the individual. 

• The maximum margin money or subsidy would be Rs. 12,500.

Advantages Of Forming A Cooperative Society

Individuals working in the same business category can come together to form a cluster, also known as a cooperative society. The cluster can then help each other out to share the resources. This is termed Udiyaman Swanirbhar Karmasansthan Joutha Prakalpa (USKJP).  

This encourages the community to come together and help each other out, promoting a sense of togetherness. Individuals do not have to take the burden themselves and can seek out help. This is termed Udiyaman Swanirbhar Karmasansthan Joutha Prakalpa (USKJP). 

There are several advantages, which are as follows:

• Promotes giving financial assistance to each other.

• Helps reduce the overall costs of production, raw materials, etc.

• Promotes collaborative learning.

• Enhances the business process.

• Increases access to different markets.

• Mutual support and mentorship.

• Increases the ease of doing business.

Who Are Eligible To Avail USKP/USKJP

• Individuals between 18-45 years old.

• Individuals with physical disabilities belonging to SC/ST/OBC between the ages of 18 and 50.

• Registered at a West Bengal Employment Exchange for over a year. No waiting period for

• Individuals with physical disabilities.

• Women.

• SC/ST/OBC categories.

• Ex-servicemen.

• Minority categories.

• EDP-trained individuals.

• Did not avail of any self-employment schemes in West Bengal.

• Individuals with a clean financial history with banks.

How To Apply For USKP?

Eligible candidates can apply for assistance under this scheme anytime by submitting the prescribed form to the local Employment Exchange.

• To apply for this scheme, visit https://wblabour.gov.in/forms-directorate-of-employment.

• Click on ‘application form for job seekers’.

• Fill out the form.

• Specify which course/training to join.

• Submit the application form.

• Wait for it to be reviewed. 

Conclusion

The USKP scheme helps individuals start or re-start their careers and helps them provide themselves with a better livelihood. It is a significant initiative by the state government of West Bengal to empower individuals and groups. Overall, the scheme also contributes to the state’s development.

To learn more about USKP, and to avail of its benefits click here.