Stipendary support for EOP

Stipend at the rate of Rs. 500/- (Rupees five hundred) per month per trainee shall be provided for training of 100 youth annually for special entrepreneurship development programme (EDP) to be conducted by Government approved recognized institutions subject to the condition that the training period shall not be less than 3 (three) months duration. (1) Cost of Laboratory Equipment for the purpose of quality control and test certification subject to a maximum of Rs. 10,000 (Rupees ten thousand) shall be reimbursed in cases where it does not form part of the project cost and for local entrepreneurs Rs. 20,000 (Rupees twenty thousand) per unit will be reimbursed. (2) Export oriented units committing to export at least 50% (fifty percent) of the value of the turnover will be eligible for an additional reimbursement of Rs. 1,00,000 (Rupees one lakh) against such quality control measures. For local entrepreneurs Rs. 2,00,000 (Rupees two lakhs) will be reimbursed.