| (B)
Objects incidents, ancillary and conducive to the attainment of
the main objects
(i) to borrow, or raise resources by issuance of bonds, debentures,
promissory notes
or other securities, or receive grants for providing financial assistance
by way of grants/ subsidies and/or loans in cash or kind towards
promoting employment opportunities for the urban youth and creating
necessary infrastructure thereof,
(ii) to invest surplus funds in securities and deposits with the
Government PSUs, Banks etc.,
(iii) to arrange supply of necessary inputs for various trades
and occupations and also to undertake various commercial activities
including installation of machinery and equipment for hiring out
to entrepreneurs,
(iv) to acquire, hold and possess properties, both movable and
immovable, and to sell, lease or otherwise transfer or deal in any
property with the approval of the State Government,
(v) to enter into any contract with any agency for due discharge
of its functions and to take over or amalgamate with any other institution
whose objects are similar to the objects of the society with prior
sanction of the State Government,
(vi) to co-opt representatives of banks, financial institutions
etc. in required committees for smooth implementation of the programmes,
(vii) to resolve problems and remove bottlenecks for, ensuring
effective implementations of the programmes,
(viii) to help and guide the entrepreneurs and trainees towards
their self-employment in right direction,
(ix) to assist the recovery of loan component granted to eligible
entrepreneurs,
(x) to prepare a data-bank in respect of successful entrepreneurs
and trainees under the programmes undertaken by the Society,
(xi) to help and encourage the unemployed youth of this State for
entrepreneurship development, vocational training and self-employment,
(xii) to compile data for urban self-employment beneficiaries under
various schemes,
(xiii) to tie-up between the employment generation programmes with
the would be beneficiaries,
(xiv) to develop course curriculum for new trades and upgrade existing
course curriculum of existing trades from time to time used in Self-Employment
Programmes. Creation of infrastructure for new trades, fixing educational
qualification of trainers, market survey etc. in collaboration with
concerned Department/ Agencies may also be looked after in this
Society as and when req u i red,
(xv) to steer and monitor self-employment schemes in the urban
areas and also identifying thrust areas of self-employment,
(xvi) to undertake all such activities as are incidental to and
conducive to the attainment of all or any of the above objects,
(xvii) to discharge such other functions and execute such other
programmes as may be transferred to and conferred on the Society
by the Union Government/State Government from time to time including
all functions as may be supplemental, incidental or consequential
thereto.
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