Svayem Assam Scheme Registration 2023 | Svayem Assam Scheme Application Last Date | Assam Svayem Apply Form pdf | How to check Svayem Scheme Registration Status 2023 | Assam SVAYEM Last Date 2023
What is Svayem Scheme in Assam?
Swami Vivekananda Assam Youth Empowerment (SVAYEM) Yojana was announced by the Finance Minister of Assam. To provide financial support to youths of Assam to take up income-generating activities in the manufacturing, trading, and service sector.
Under this scheme State Government of Assam provides financial support to the youths of Assam for startup their business. Also know about how to apply online for this scheme, benefits, sanctioned amount.
Assam SVAYEM Scheme 2023
Swami Vivekananda Assam Youth Empowerment – To generate employment opportunities in rural as well as urban through setting new ventures as well as growing existing ventures.
Also, the state government helps and provides financial assistance to small and micro business entities. The main objective of this scheme to the enhancement of income level of traditional artisans ensuring sustainable growth.
Area of implementation – All districts of Assam including autonomous district councils This scheme will apply all over the state and as per eligibility criteria, you can apply online through the official portal.
|Scheme||SVAYEM Scheme in Assam|
|Known as||Swami Vivekananda Assam Youth Empowerment Yojana|
|Apply online||SVAYEM Assam online Apply|
|Apply||SVAYEM Assam Apply 2023 online|
|Under||State Government of Assam|
|Benefits||To provide financial assistance for business startup|
|Under||Assam Rozgar Scheme Registration online|
Coverage and targeted group – More than one lakh youth of Assam will be provided suitable (as per eligibility) credit support for taking up income-generating industries and enterprises.
The number of beneficiaries will be selected district-wise in the proportion to the population.
Enterprises and nature of activities – Processing, Manufacturing, Processing, Service Sector, Trading, Rural Transport Service, Tourism, Shops, Handicraft, Cottage industries, Repairing Centres and others.
SVAYEM Assam Subsidy Scheme 2023 pdf
Eligibility Criteria for SAVYEM Assam Scheme –
Age – 18 years of age
Resident – Permanent resident of Assam
Essential – Beneficiaries should have skills experiences, knowledge to indicate the income-generating activities. Essential qualification – At least 8th standard.
The beneficiary who already completed skill development training will be given preference.
Applicant must not be a defaulter of any loan.
Negative list of activities
Beedi Pan Masala, Cigarette, etc., Manufacturing of intoxicant items, Sale of Outlet of liquor, Plastic bags below 40 microns.
Quantum and nature of financial assistance
|Category||Subsidy Percentage||Qualifying amount||Remarks|
|New Entrepreneur||20%||Upto ₹ 100000/-||Max subject to ₹ 20000/-|
|Existing Entrepreneur||20%||Upto ₹ 200000/-||Max subject to ₹ 40000/-|
Interest rate and repayment schedule – Interest rates are charged by bank as per RBI guidelines of MSE units.
The repayment schedule may range between 3 to 7 years after the initial moratorium as may be prescribed by the bank/financial institution concerned.
SAVYEM Assam Application Form 2023
The procedure of submission of application, approval, sanction, and disbursement
Proposals will be invited from beneficiaries at the district level. Application for financial assistance under the scheme documents needs to be uploaded online also.
The district-level committee will examine the application and recommend it to the bank. After that bank will take a decision if the sanction of proposals by bank loan will be released. For more details please visit at official portal.
How to apply for SAVYEM Assam?
Firstly visit at official portal and click on the online registration link for SVAYEM. Apply for loans, subsidies, and claims will appear in the information and service category.
After that new page will open and fill the application form carefully. Fill in all details carefully and submit the application form.
How to check SAVYEM Application Status in Assam?
Visit at the official website and log in by using a username and password. Then enter asked details and you can check the status.