SVAYEM Scheme Assam 2020 - Eligibility (18-40 age) Criteria & Application Form and many more

 

SVAYEM Scheme 2020

Swami Vivekananda Assam Youth Empowerment (SVAYEM) Scheme 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 Assam SVAYEM Scheme online application / registration form

SVAYEM Scheme 2020 Important Details

Name of Scheme: Swami Vivekananda Assam Youth Empowerment (SVAYEM) Scheme

Launched by: Govt. of Assam

Implemented By: Dept. of Finance, Govt. of Assam

Amount: Rs. 50,000/- per youth

Launch Date: 16th September 2020

No of beneficiaries: 2 lakh

Application Mode: Online

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 for SVAYEM Scheme 2020

All the applicants must fulfill the below mentioned criteria to become eligible for the SVAYEM Scheme Assam:-

a) 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 a 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 for Rs 2.5 lakh, groups with 10 members would be entitled for Rs 5 lakh and so on with the maximum limit for members being 20.

- The total budget of 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 organised themselves for entrepreneurial projects.

SVAYEM Scheme 2020 Online Form

In the SVAYEM Scheme Assam, groups looking for of 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.

Important web Links of SVAYEM Scheme 2020

SVAYEM Scheme Application Form: AvailableSoon .

SVAYEM Scheme 2020 Notification: Available Soon .

SVAYEM Scheme 2017 Notification: Click Here .

Official Website: Click Here .