SVAYEM Scheme Assam 2020: Eligibility Criteria & Application Form, [Link Active]
Notification: Swami Vivekananda Assam Youth Empowerment (SVAYEM) Scheme 2020 is a flagship program by Govt. of Assam to provide financial support to the youths of Assam to take up income-generating activities in the manufacturing, trading, and service sector. This program was launched in the year 2017.
Under this renewed SVAYEM Scheme, Govt. will provide Rs. 50,000 each to 2 lakh youth to encourage entrepreneurship. All the interested candidates can fill the Assam SVAYEM Scheme online application/registration form.
SVAYEM Scheme 2020 Full Details:
| Name of Scheme: | Swami Vivekananda Assam Youth Empowerment (SVAYEM) Scheme |
|---|---|
| Implemented By: | Dept. of Finance, Govt. of Assam |
| Launched by: | Govt. of Assam |
| Amount: | Rs. 50,000/- per youth |
| Launch Date: | 16th September 2020 |
| Category: | Govt Schemes |
| Objective: | To promote entrepreneurship among educated youths |
| No of beneficiaries: | 2 lakh |
| Application Mode: | Online |
Objectives of SVAYEM Scheme 2020:
* To generate employment opportunities in rural as well as urban areas through setting up of new ventures as well as growing existing ventures.
* To provide financial assistance to micro and small business entities engaged in the manufacturing, trading, and services sector.
* To provide financial assistance for enhancement of income level of traditional artisans ensuring sustainable growth.
List of activity under SVAYEM Scheme 2020:
Nature of activities:
* Manufacturing
* Processing
* Service Sector
* Trading
* Rural Transport Service (Auto Rickshaw, e-Rickshaw)
* Tourism
* Shops, repairing Centres, Handicraft, Cottage Industries, etc.
Negative list of activities:
* Manufacturing of intoxicant items
* Beedi, Panmasala, Cigarette, Etc.
* Sales outlet of Liquor
* Plastic bags below 40 microns
Eligibility Criteria:
All the applicants must fulfill the below-mentioned criteria to become eligible for the SVAYEM Scheme Assam:
a) The applicant must be a permanent resident of Assam state.
b) The age of the applicant must be less than 40 years.
c) He / She must have passed matriculation.
d) The applicant should be a part of the existing Self Help Groups, Joint Liability Groups etc. before 1 September 2020.
Benefits under SVAYEM Scheme 2020:
* Rs. 50 thousand will be provided as seed money to each individual under the renewed Swami Vivekananda Assam Youth Empowerment (SVAYEM) Yojana.
* While the groups with five members (Rs 50,000 per head) would be entitled to Rs 2.5 lakh, groups with 10 members would be entitled to Rs 5 lakh, and so on with the maximum limit for members being 20.
* The total budget for the scheme is Rs. 1000 crore which will be given entirely from government funding. The beneficiaries would include all members of self-help groups, joint liability groups, and other such groups and federations that have organized themselves for entrepreneurial projects.
SVAYEM Scheme 2020 Online Form:
In the SVAYEM Scheme Assam, groups looking for the scheme will be able to register themselves at a new portal. The new online portal for filling the SVAYEM Scheme Assam online application/registration form will be launched on 16 September 2020.
How to apply:
Step 1: Scroll down, go to Important web Links
Step 2: Click on “SVAYEM Scheme Assam 2020 Online Application”
Step 3: SVAYEM Scheme Assam 2020 Portal will be opened
Step 4: Open the online application form and fill the all details.
Step 5: Submit the form along with all necessary documents online.
Important Links:
SVAYEM Scheme Application Form: Coming Soon.
SVAYEM Scheme 2020 Notification: Coming Soon.
Official Website: ClickHere
Apply Link: Clickhere
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