SVAYEM Scheme 2022 Online Apply: Swami Vivekananda Assam Youth Empowerment

SVAYEM Scheme Assam 2021-22 Online Apply | Swami Vivekananda Assam Youth Empowerment Scheme Online Application | Swami Vivekananda Assam Youth Empowerment Scheme List

SVAYEM Scheme 2022 was launched by the Chief Minister of Assam on 7th February 2017 to provide assistance to the citizens of Assam State and under Swami Vivekananda Assam Youth Empowerment Scheme 2022 by the government to provide proper facilities to all the youth of Assam State. Major and important program will be done and this scheme will help in generating activities that will help in supporting the youth of the state. We all know that youth are not getting jobs due to unemployment in the country, due to which they are facing many problems. It has been told by the state government that through Swami Vivekananda Assam Youth Empowerment Scheme 2021, the youth of the state will get financial assistance and all of them will be able to improve their lives. [Also Read- Assam Tractor Distribution Scheme: CMSGUY Application Form, Tractor List]

Swami Vivekananda Assam Youth Empowerment Scheme 2022

Under the Swami Vivekananda Assam Youth Empowerment Scheme 2022 launched by the state government, assistance and benefits will be provided to the citizens of the state and this scheme was originally launched by the government in the year 2017, but now the SVAYEM Scheme 2022 has been extended to the state of Assam. has been reintroduced by the Finance Minister of 1000 crores has been finalized by the government for the youth of Assam state under this scheme. About 2 lakh youth of the state will be benefited by this scheme. Through the State Government Swami Vivekananda Assam Youth Empowerment Scheme, each beneficiary will get Rs 50000 as assistance and in the year 2017 and 18 government schemes, about 7000 beneficiaries were added and in the year 2019, about 1,500 citizens were covered by the government. [Also Read- E Pass Assam: Registration, COVID-19 Curfew Pass Track Status]

  • it was done. Under this scheme by the government, the youth of the state can easily start their business, so that the youth will not have to wander for the job, so friends, if you want to get all the information related to the SVAYEM Scheme 2022, then you have to go to its official website.
SVAYEM Scheme

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Highlights of the SVAYEM Scheme 2022

Scheme NameSwami Vivekananda Assam Youth Empowerment Scheme
Year2022
Launched ByAssam Government
Online Registration Start Date16th Sep 2020
BeneficiariesPeople of State
Registration ProcessOnline
Benefits50,000 rupees help young people
CategoryAssam Govt. Scheme
Official Websitehttps://assam.gov.in/en/main/SVAYEM

Objective of Swami Vivekananda Assam Youth Empowerment Scheme

The main objective of starting the Swami Vivekananda Assam Youth Empowerment Scheme 2022 by the state government is that the citizens of the state of Assam are given proper employment opportunities, through the Swami Vivekananda Assam Youth Empowerment Scheme 2022 for the ruler as well as the urban residents of the state of Assam. There will be many employment opportunities in the areas. With this opportunity by the state government, unemployment in the state will end and new businesses and enterprises will be able to be established and the growing enterprises will be able to increase their value. People will get financial support by the state government so that they can invest their money in micro and small businesses. Under this scheme more and more people will encourage them to participate in manufacturing and trading. The income level will increase the traditional artisans of the state of Assam. [Also Read- Assam Pragyan Bharati Scooty Scheme 2021: Apply Online, Choice of Scooty]

Re-SVAYEM Debuts in Dima Hasao and Tinsukia District

In the first phase of Dima Hasao district 1000 and 643 beneficiaries in the second phase will be benefited by the Assam government through Swami Vivekananda Assam Youth Empowerment Scheme and will get Rs 30000 in the first installment and Rs 20000 in the second installment by the SVAYEM Scheme 2022. In a program organized by the government on January 24, 2021, under this scheme, five beneficiaries will get financial assistance of Rs 30000 and the total amount approved under the rescheduled scheme for Dima Hasao district is Rs 5 crore. Under the SVAYEM Scheme 2021-22 by the Government of Assam, there will be employment opportunities in both rural and urban areas in the state and through this scheme unemployed youth of the state will get new businesses and existing businesses will also be provided an opportunity to expand. [Also Read- Assam Voter List 2021 | Download Voter List, Search Name in Electoral Roll]

  • Through Swami Vivekananda Assam Youth Empowerment Scheme, youth of the state will be able to engage themselves in income generating activities like productive, business, service sector etc.
  • SVAYEM Scheme 2022 was started by the state government on 21st January 2021 in Tinsukia district and this scheme has been started in a centralized program organized at Gol Chandra Ravichandra Natya Mandir, Tinsukia.
  • It has been told by the state government that the beneficiaries of the budding Swami Vivekananda Assam Youth Empowerment Scheme were also present on this occasion and in Tinsukia district 14,021 people can take benefits.

Assam Swami Vivekananda Assam Youth Empowerment Scheme Redesigned

Swami Vivekananda Assam Youth Empowerment Scheme was announced by the state government on 20 January 2021 by Chief Minister Sarbananda Sonowal and Finance Minister Dr Himanta Biswa Sarma. Under this scheme by the government, 2 lakh citizens of the state will get financial assistance of Rs 50,000 and under this scheme financial assistance will be given to self-help groups of 5 to 20 members. The announcement was made at a function in Kumar Bhaskar Burman area, Aminagaon. Entrepreneurial skills will be developed by the state government with the help of RE-SVAYEM scheme and in future also all eligible groups will get other facilities in different sectors. [Also Read- COVID-19 Test Results: covidassam.in, CORONA Test Results Assam]

Under the departments, registration of eligible groups like PWD, Irrigation, Water Resources etc. will be available and work can also be done for small scale industries in rural areas through these groups. RE-SVAYEM scheme has been redesigned to develop an entrepreneur oriented ecosystem. Local industries and rural economy will be developed by this scheme by the state government and RE-SVAYEM Scheme 2022 will get financial assistance for starting new business venture or expansion of existing business, each eligible selected group will get 50000 in two parts and RE- Under the SVAYEM scheme, self-help groups with 5 to 20 members, joint liability groups, farmer producer organizations, cluster level SPVs / unions will get financial assistance. [Also Read- Assam Ration Card List: Download District/ Block Wise List, Check Status]

Benefits of Swami Vivekananda Assam Youth Empowerment Scheme 2022

A provision has been made by the government to provide 50000 rupees to each beneficiary applying in Swami Vivekananda Assam Youth Empowerment Scheme. Appropriate measures will be provided so that everyone can develop their personal business. Small and regional businesses will provide proper facilities so that they can increase their sales and provide a wide range of products in the country. This exposure will be provided to all small and regional artisans in the state of Assam. People will be able to adopt small activities and make them big through their investment and proper financial funds. [Also Read- [Form] Assam Orunodoi Scheme 2021: Apply Online, Eligibility & Benefits]

Schemes Included in Many Areas

The following activities include the new Swami Vivekananda Assam Youth Empowerment Scheme –

  • Manufacturing
  • Processing
  • Service Sector
  • Trading
  • Rural Transport Service (Auto Rickshaw, e-Rickshaw)
  • Tourism
  • Shops, repairing Centres, Handicraft, Cottage Industries etc.

Financial Assistance Provided

  • First, the state government will request all private, public and rural banks to provide assistance under this SVAYEM Scheme 2022.
  • The state government will provide Rs 1 lakh to new entrepreneurs.
  • Up to 200,000 will be provided for existing entrepreneurs.
  • The beneficiary will pay only 25% of the total cost.
  • Banks will be free to lend.
  • If Rs 100000 is taken as a loan by the beneficiary, then Rs 25000 will be given by the beneficiary himself.
  • A subsidy of Rs 20000 will be provided on a loan of 1 lakh rupees.
  • 200 crore rupees will be allocated by the government under this SVAYEM Scheme 2022.

Negative list of Activities to be Done

  • Manufacturing of intoxicant items
  • Bidi, Pan masala, cigarette etc
  • Sales outlet of liquor
  • Plastic bag below 40 microns

Institutional and Implementation Provision

The provision of institutional and implementation under this scheme is given as follows-

  • The nodal department to implement the scheme is the Department of Industry and Commerce.
  • The Swami Vivekananda Assam Youth Empowerment Scheme will be implemented by the District Industries and Commerce Centre of the state.
  • Private banks, public banks and regional rural banks will be the lead agency in the scheme.
  • A memorandum will be executed by all banks to implement the scheme.

Procedure Regarding Bank Finance

The procedure related to banks under this scheme is as follows –

  • The bank will donate around 55% of the project cost under the scheme.
  • Capital expenditure will also be supported by the bank through loans.
  • Working capital will also be provided by the bank.
  • It is mandatory for the beneficiary to deposit 25% of the project cost after the loan in the bank.
  • After receipt of subsidy, the loan amount will be released by the bank.

Interest Rate and Repayment Schedule

The interest rate and repayment schedule in this scheme are as follows –

  • The interest rate will be charged as per the guidelines issued by the Reserve Bank of India.
  • Repayment schedule will be between 3 and 7 years after the last moratorium.
  • The final postponement will be described by the financial institution.

Approval Process

  • Advertisements will be done in various districts of the state.
  • All applications will be invited through these advertisements.
  • Beneficiaries will have to submit their application at the district level.
  • The concerned authority will accept applications through the online process.
  • Once the application is submitted, it will be scrutinized by the General Manager of the District Level Committee.
  • Application will be examined by the committee.
  • Confirmed applications will be suggested to the bank.
  • Final decision will be taken by the bank itself.
  • Loan will be issued in 5 working days after the proposal is selected
  • Bank will then submit a margin money subsidy proposal against the borrower.

Eligibility Criteria for SVAYEM Scheme Assam 2022

To avail this SVAYEM Scheme 2022, you have to fulfil the given eligibility criteria as follows-

  • Those who want to apply under this scheme are required to be native of Assam state.
  • Applicant must be over 18 years of age to apply under the scheme.
  • There is no income limit for availing assistance under this Swami Vivekananda Assam Youth Empowerment Scheme 2022.
  • Individual beneficiary should have the skills, experience, knowledge, etc., that can lead to income-generating activities.
  • The beneficiary should have at least educational qualification of class standard.
  • The beneficiary receiving skill development training will get preference.
  • A beneficiary should not be a defaulter of any loan.
  • If the information presented by the beneficiary is later found to be incorrect, action will be taken against the beneficiary including cancellation of the loan, recovery of amount in the form of Bakijai and blacklisting for future benefits under any government scheme.
  • PMEGP beneficiaries of the last 5 years will not be eligible to apply under the SVAYEM Scheme 2022.

Required Documents

  • SVAYEM Scheme 2022 Application form
  • Proprietary Identity Document
  • Copy of business registration certificate
  • Business license copy
  • National Food Security Card is in force
  • Residence proof
  • Skill Development Training Certificate if applicable
  • Experience certificate if applicable
  • Proof of age
  • Proof of merit
  • Identity proof (Voter ID card, driving license, PAN card, Aadhaar card, passport etc.)
  • Plan Report for Proposed Project

Online Application of Swami Vivekananda Assam Youth Empowerment Scheme

In case you full fill the eligibility criteria given above, you can apply in online mode by following the given steps.

  • First of all, you have to go to the official website of the Swami Vivekananda Assam Youth Empowerment Scheme 2022. After this, the website home page will open in front of you.
SVAYEM Scheme
  • On the home page of the website, you have to click on the “Application Form for SVAYEM Scheme” option from the download section below. After this, the application form in PDF format will be displayed in front of you. After this you have to download this application form.
SVAYEM Scheme
  • Now you have to attach the details of the information asked in the application form and attach all the necessary documents.
  • After this all the formalities are completed and the application form has to be submitted to the District Level Committee (DLC).

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