Assam government is going to invite Swami Vivekananda Assam Youth Empowerment Yojana 2020 apply online form. In this SVAYEM Scheme Assam 2020, govt. will provide Rs. 50,000 each to 2 lakh youth to encourage entrepreneurship. All the interested candidates can fill Assam SVAYEM Scheme online application / registration form.
The redesigned SVAYEM Scheme Assam 2020 will be launched with a budget of Rs. 1000 crore which is to be spent in the next 3 months without any banking linkage. The 2 lakh beneficiaries would have to be part of self-help groups, joint liability groups etc before 1 September 2020.
SVAYEM Scheme 2020 will provide financial support to the youths to take up income generating activities in manufacturing, trading and service sector. By utilising the Rs. 50k seed money received in this scheme, selected youths can start their business ventures.
SVAYEM Scheme Assam 2020 Apply
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 existing ventures. In this scheme, financial assistance will be provided to micro and small business entities engaged in the manufacturing, trading and services sector. Moreover, govt. will also provide financial assistance for enhancement of income level of traditional artisans ensuring sustainable growth. In this article, we will tell you about the apply online process for this scheme.
SVAYEM Scheme Assam Online Application / Registration Form
In the SVAYEM Self Employment 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 SVAYEM Scheme Assam online application / registration form will be launched on 16 September 2020. It is expected that Swami Vivekananda Assam Youth Empowerment Yojana could get repeated annually with the possibility of increasing the number of beneficiaries. People can even check the format of registration form through the link https://industries.assam.gov.in/sites/default/files/Application%20Form%20for%20SVAYEM%20Scheme_1.pdf. Till then, check the format of the older SVAYEM scheme application form:-
Eligibility Criteria for SVAYEM Scheme Assam 2020
All the applicants must fulfill the below mentioned criteria to become eligible for the SVAYEM Scheme Assam 2020:-
- Applicant must be a permanent resident of Assam state.
- The age of the applicant must be less than 40 years.
- He / She must have passed matriculation.
- The applicant should be a part of the existing Self Help Groups, Joint Liability Groups etc. before 1 September 2020.
Redesigned SVAYEM is the biggest self-employment programme launched by any government in Assam since Independence. The allocated amount of Rs. 1,000 crore for SVAYEM Scheme Assam 2020 will come from the state govt’s own revenue without any banking linkage. Check guidelines at https://industries.assam.gov.in/sites/default/files/SVAYEM%20Scheme_1.pdf
Works to be Given under SVAYEM Scheme 2020 in Assam
Groups under SVAYEM Scheme Assam 2020 would be given free contracting licence to pick up work in departments like Flood Control, PWD. These groups can pick where they want to work and they would be given free registration. All the 10th class pass candidates whose age is less than 40 years can apply for the SVAYEM Self Employment Scheme. Even the existing self help groups (SHGs) who already have bank accounts till 1 September 2020 can also apply for the scheme.
In the redesigned Swami Vivekananda Assam Youth Empowerment Yojana, amount will be seed capital and not as loan amount. For this purpose, Rs. 1000 crore has been set aside for the SVAYEM Scheme in Assam and the state government plans to continue with the scheme every year.
- Check SVAYEM Scheme with Guidelines and Application Form – Click Here
- Scheme Details at official Assam Govt. Portal – https://assam.gov.in/en/main/SVAYEM
The complete details about the redesigned scheme would be made available to the readers after the official launch of SVAYEM Scheme dedicated portal on 16 September 2020.SAVE AS PDF