Swami Vivekananda Assam Youth Empowerment (SVAYEM) Yojana is a flaship programme for providing financial support to the youths of Assam to take up income generating activities in the manufacturing trading and service sector. It will be implemented in all the districts of Assam including autonomous district counclis.
Under SVAYEM Scheme, a loan of Rs.1 lakh will be given for new entrepreneurs and Rs. 2 lakh for existing entrepreneurs.The number of beneficiaries in a district will be selected in proportion to the population.
The redesigned SVAYEM Yojana 2020 will be launched with budget of Rs.1000 crore which is to be spent in the next 3 months without any banking linkage. Swami Vivekananda Assam Youth Empowerment Yojana 2020 will provide financial support to the youths to take up income generating activities in manufacturing, trading and service sector.
Apply Swami Vivekananda Assam Youth Empowerment Yojana 2020
Swami Vivekananda Assam Youth Empowerment Yojana aims to generate employment opportunities in rural as well as urban areas through setting up of new ventures as well as growing exising ventures. In the SVAYEM Scheme 2020, financial assistance will be provided to micro and small business entities engaged in the manufacturing, trading and services sector. The government will also provide financial assistance for enhancement of income level of traditional artisans ensuring sustainable growth.
Online Registration / Application Form for SVAYEM Scheme 2020
Swami Vivekananda Assam Youth Empowerment Scheme, groups seeking to avail benefits of the scheme will be able to register themselves at a new portal. The new portal for filling the Swami Vivekananda Assam Youth Empowerment Yojana online registration / application form will be launched on 16th September 2020. People can even check the format of registration form through the link given below in PDF format.
Eligibility for SVAYEM Self Employment Scheme 2020
All the applicants must be fulfill the following eligibility criteria for Swami Vivekananda Assam Youth Empowerment Yojana 2020 which are given below :-
- The applicant must be a permanent resident of Assam state.
- The age of applicant should be above 18 years.
- He/ She should have skills experience, knowledge etc., to undertake the income generating activities.
- The applicant should passed educational qualification of at least class VII standard.
- The applicant should be a part of the existing Self Help Groups, Joint Liability Groups etc. before 1st September 2020.
The complete details about the redesigned scheme would be made available to the reader after the official launch of Swami Vivekananda Assam Youth Empowerment Yojana 2020 dedicated portal on 16th September 2020.