Swami Vivekananda Assam Youth Empowerment (SVAYEM) is a government scheme of Assam that gives financial support to the youth of the state to start income-generating activities in the manufacturing, trading, and service sectors. The scheme was launched in 2017 and has now been redesigned as Redesigned SVAYEM (RE SVAYEM) for 2026 to reach more young people.
Under the redesigned SVAYEM Scheme Assam 2026, the state government will provide ₹50,000 as seed money to each of 2 lakh youth. A budget of ₹1000 crore has been set aside for this purpose, and the amount is given as seed capital without any banking linkage.
Swami Vivekananda Assam Youth Empowerment - Key Details
Swami Vivekananda Assam Youth Empowerment is a flagship scheme by the government of Assam designed to give money help to the youth of the state. It encourages young people to start new ventures or grow their existing businesses in the manufacturing, trading, and service sectors. The redesigned version of the scheme is the biggest self-employment program launched by any government in Assam.
The ₹1000 crore allocated for SVAYEM Scheme Assam 2026 comes from the state government's own revenue and is spent without any banking linkage. The 2 lakh beneficiaries must be part of self-help groups (SHGs), joint liability groups (JLGs), or similar groups. The amount given is seed capital and not a loan, so selected youth can start their business with this money.
| Detail | Information |
|---|---|
| Scheme Name | Swami Vivekananda Assam Youth Empowerment (SVAYEM) |
| Level | State |
| Beneficiary State | Assam |
| Category | Social welfare and Empowerment |
| Main Department | Industries and Commerce Department |
| Benefit Amount | ₹50,000 seed money per youth |
| Budget | ₹1000 crore |
| Application Mode | Online |
| Open Date | July 9, 2017 (redesigned for 2026) |
Benefits
The redesigned SVAYEM Scheme Assam 2026 offers several benefits to the youth of Assam. The main highlight is the seed money given to selected youth to start their business ventures.
- Every selected youth receives ₹50,000 as seed money to start or grow an income-generating venture. This amount is given as seed capital and not as a loan, so there is no repayment burden.
- The state government has set aside a budget of ₹1000 crore for this scheme, which will be spent in the next few months without any banking linkage.
- Groups under the scheme are given a free contracting licence to pick up work in departments like Flood Control and PWD. These groups can choose where they want to work and get free registration.
Eligibility
To become eligible for the redesigned SVAYEM Scheme Assam 2026, applicants must meet the criteria given below. These rules have been updated from the older version of the scheme.
- Applicant must be a permanent resident of Assam state.
- The age of the applicant must be less than 40 years.
- The applicant must have passed matriculation, that is, the 10th class.
- The applicant should be part of an existing self-help group (SHG), joint liability group (JLG), or a similar group.
Application Process
The online application and registration process for the redesigned SVAYEM Scheme Assam 2026 is carried out through the official portal. Groups seeking to get the benefit of the scheme can register themselves on the new portal. The steps to apply are given below.
STEP 1 - Visit the official SVAYEM page on the Assam state portal and find the online application or registration form for the scheme.
STEP 2 - Click on the new registration link and enter the mobile number and group details to get started.
STEP 3 - Authenticate the mobile number using the OTP and set the profile credentials to create an account.
STEP 4 - Log in to the personal dashboard and fill in the application form with all the required details of the group members.
STEP 5 - Upload the required documents and submit the application. The General Manager of the local District Industries and Commerce Centre (DICC) will scrutinize the application and forward it for approval.
Documents
Applicants need to keep the following documents ready before filling the application form for the scheme.
- Completed SVAYEM Scheme application form.
- Identity proof such as Aadhaar card, Voter ID, Driving License, PAN card, or Passport.
- Residence proof to show that the applicant is a permanent resident of Assam.
- Proof of educational qualification, that is, matriculation or 10th class pass certificate.
- Details and proof of membership in a self-help group or joint liability group.
- A detailed project plan report for the proposed business venture.
References
FAQ's
What is Swami Vivekananda Assam Youth Empowerment scheme?
This is a government scheme of Assam that gives financial support to the youth of the state to start income-generating activities in the manufacturing, trading, and service sectors.
What is the benefit amount under the redesigned scheme?
Under the redesigned SVAYEM Scheme Assam 2026, each selected youth receives ₹50,000 as seed money. This amount is given as seed capital and not as a loan.
What are the eligibility criteria?
The applicant must be a permanent resident of Assam, aged less than 40 years, must have passed matriculation (10th class), and should be part of a self-help group or joint liability group.
How do I apply?
Applicants need to register on the official portal, fill in the application form with group details, upload the required documents, and submit the application online.
Is the seed money a loan?
No, the amount given under the redesigned scheme is seed capital and not a loan, so there is no banking linkage or repayment burden.