We are pleased to announce that the TP/TC portal will be functional again from 7th April 2018. However, in order to map certified candidates with Pradhan Mantri Suraksha Bima Yojna, integration process for SDMS-New India Assurance (NIA) will continue till 15th April 2018. While the Tranche 2 processing will continue as usual and Certificates generated upto 31st March 2018 will be available for download, Certificates to be generated on or after April 1, 2018 will remain on hold till the integration process is completed and the reference number is updated in the certificate. It is therefore requested that stakeholders please check the status of the portal periodically, and do not raise JIRA in this regard during this period. Inconvenience is sincerely regretted.

PMMY

Linkage with pradhan mantri mudra yojana (PMMY) for mudra loans

Purpose

PMMY has opened channels for formal and subsidized access to credit to the youth of the country. The objective is to cater to the bottom of the pyramid and support young skilled workers to become first generation entrepreneurs and facilitate the expansion of existing small businesses, too. Each PMKKs train nearly 1000-1400 candidates per year. 25% of the trained candidates wish to open their own enterprise. Due to no formal -subsidized access to credit, many candidates, post the completion of training are unable to set up their own business.

Hence, it is desirous to have convergence between the two schemes to achieve the end objective; empower the marginalized sections of the society.

How it Works?

What Is Handholding Support?

Any entrepreneur requires guidance in his endeavor to set up his or her business enterprise starting from training to filling up loan applications as per bank requirements. PMKKs shall facilitate by providing step by step guidance with specific expertise viz. Skilling, Mentorship support, Entrepreneurship.

Process Flow For Training Providers To Facilitate Entrepreneurs

Selection of entrepreneur.
Identification of skills/interests of the entrepreneur.
Assessment of financial and managerial capabilities of the entrepreneur.
Selection of suitable project keeping in view the availability of necessary skills/expertise, financial and managerial capabilities, market survey and viability of the project
Preparation of project report including linkage with available schemes for financial assistance (e.g. PMMY, PMEGP, assistance schemes of Central/State Government, Banks etc.)
Creation of the Proprietorship firm/ Partnership firm/ Limited Liability Partnership (LLP)/ Company/ Society/ Self Help Group (SHG) etc.
Sanction of loan and application(s) under the concerned financial assistance scheme(s)

For more details, write to entrepreneurshipsupport@nsdcindia.org