[Apply Online] Swami Vivekananda Assam Youth Empowerment Scheme

Swami Vivekananda Assam Youth Empowerment Scheme, Apply Online, Assam Youth Scheme Online Apply: The Finance Minister of Assam had started a youth empowerment scheme dated 7 Feb 2019. This type of youth empowerment scheme will be beneficial for all the youths of Assam. It considers the main and important program for all Assam youth. In this scheme, it includes many activities that will support all Assam youth. Here in this article, we will discuss all important information related to the Swami Vivekananda Assam Youth Empowerment Scheme organized by the various authorities of the Government of Assam, eligibility conditions to apply in this scheme. In this scheme, the government will be provided to give Rs.50000 to every 2 lakh youth. Here you will get to everything related to this in a detailed manner and step-by-step procedure. All youth who live in Assam can take advantage of this scheme.

Topic Name [Apply Online] Swami Vivekananda Assam Youth Empowerment Scheme
Article Category Swami Vivekananda Youth Empowerment
Swami Vivekananda Assam Youth Empowerment: Objective
Financial Assistance Nature
Swami Vivekananda Assam Youth Empowerment Apply Online
Frequently Asked Questions
State Name Assam
Official Website Click Here


Swami Vivekananda Youth Empowerment

As we all know, the Swami Vivekananda Assam Youth Empowerment yojana was started in 2017. But now this scheme has been re-organized by the Assam Finance Minister. In this scheme, Rs.1000 crore will be fixed to provide facilities to the Assam people. Under this scheme, there are around two lakhs of youth who will take benefit from this scheme. Let us tell you all that to each applicant or child, Rs. Fifty thousand will be given to every Assam youth who are applying under this scheme. Around 7000 candidates took part and got benefits under this scheme in the year 2017 and 2018. And last year, 2019 there are about 1500 youth candidates who take advantage of this scheme.


Swami Vivekananda Assam Youth Empowerment: Objective

Here we will discuss the main objective of the Swami Vivekananda Assam Youth Empowerment Scheme. This Swami Vivekananda Youth Empowerment Scheme aims to give a right and proper employment opportunities for all the youth of Assam. Let us tell you all that with the Swami Vivekananda Assam Youth Empowerment Scheme 2020; there are so many working opportunities for the people of rural or urban areas. 

Swami Vivekananda Assam Youth Empowerment Yojana 2020

In this scheme, all new ventures and businesses will start, and it increases their value. The government will give financial help to all Assam state citizens so that they invest it into their own small business and micro business. There are around many people who are ready to join trading and manufacturing work—similarly, every Assam state of people’s income increases.


Swami Vivekananda Assam Youth Empowerment: Overview

Name of the Scheme Swami Vivekananda Assam Youth Empowerment Scheme
Online Registration Starting Date 16 Sep 2020
Governed by Government of Assam
Profit to To provide Rs.50000 to youth
Governed for Every Youth Candidates
Official Website Click Here


Swami Vivekananda Assam Youth Empowerment: Benefit

As we know, this scheme was governed by the Assam Government and for the people of Assam. Below Swami Vivekananda Assam Youth Empowerment Yojana, the government will give Rs.50000/- to all the beneficiaries of Assam. Every step should be taken very carefully so that every single person can perform or start their own business. Every small and regional company was given proper rules & regulations to create their place in sales and increase their business. With the help of appropriate investments and monetary funds, every person does their business to a higher level. In this manner, every person should make their business a more significant achievement.


Activities

Here we will show you some of the activities that come under the Assam Youth Empowerment Scheme. These are as follows:

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


Eligibility Conditions

All those applicants who want to take a benefit from this scheme, they should follow all given below steps:

  • All applicants or citizen’s age should be above 18 years.
  • All applicants should be the permanent citizens of Assam.
  • Beneficiaries should not come in the category of a defaulter from any bank loan.
  • All applicants should complete their skill development training from any institute. They are eligible to apply for this particular scheme.
  • For this, interested applicants should live in Assam state permanently.
  • Applicant age must be less than forty years.
  • All candidates must clear matriculation exams.
  • For this Scheme, all applicants must be the part of Joint Liability Groups, Self Help Groups, etc. before the 1 September 2020.
  • If you come under assistance, then there will be no income below this scheme.
  • Applicants must possess skills, knowledge, experiences, etc. to get the income.
  • Applicants should also complete their academic qualifications and at least meet their school education.
  • Suppose any of the details mentioned by the applicant would come incorrectly. In that case, immediate action will be taken that includes loan cancellation, amount recovery, and blacklisting for any further future advantages below any government schemes.
  • For the last five years, all those beneficiaries who come under PMEGP shall not be eligible for this scheme.


Financial Assistance Nature

Here we will tell you about the nature of particular financial assistance that comes under this scheme. The steps are as follows:

  • To have financial assistance, the Assam government would appeal to all public, private, and rural banks to give finance below this particular scheme.
  • In Assam state, the government would give one lakh rupees to all new entrepreneurs.
  • And those who are already working as entrepreneurs, the government has given them around Rs.200000/-.
  • All beneficiaries would not be ready to give 25% of the total price.
  • Banks are always ready to give loans.
  • If there is any beneficiary who takes Rs.100000 in the type of loan, then Rs.25000 has to be given from the beneficiary at any time.
  • In every loan of rupees one lakh, there are around Rs.20000 subsidy will be given.
  • From any bank, around Rs.55000 given from the bank.
  • Around Rs.200 crore should be allotted below this government scheme.


Important Documents

Here we will discuss some of the important documents that should be taken while applying for an SVAYAM Yojana or scheme. The important documents are as follows:

  • Business License Copy
  • Application form of SVAYAM
  • Copy of Age Proof
  • Educational Qualification
  • Domicile Certificate
  • Ownership Identity Documents
  • Identity Proof (Driving License, Voter ID Proof, PAN Card, Aadhaar card, Passport etc)
  • Experience Certificate
  • The need for skill development training certificate
  • Business Registration Certificate copy
  • Report on the scheme for a particular proposed project
  • The need for National Food Security Card


Negative List Of Activities

  • Liquor Sales outlet
  • Intoxicant Items Manufactured
  • Bidi, Pan masala, cigarette etc
  • The plastic bag below 40 microns

 

Implement Arrangement and Institutional

Every implement arrangements and institutional below this yojana are as follows:

  • Below this yojana, every public, private, and the regional rural bank is the leading agency.
  • Every bank needs to execute a memorandum to start this scheme.
  • This government yojana started from the Commerce Centre and District Industries.
  • In this scheme, every Nodal Department consists of the Commerce Department as well as Industries.


Bank Finance

The necessary process of the bank is as follows:

  • It will provide working capital
  • It holds capital expenditure with the help of loans
  • All beneficiaries have to give 55% of the project cost below this scheme.
  • After the proper subsidy receipt, the bank goes to issue the amount of loan.
  • All beneficiaries have to give 25% of the project cost after the bank loan.

 

Schedule of Repayment & Interest Rate

Here we will discuss the basic schedule of the Repayment & Interest Rate of this yojana. The steps are as follows:

  • After the final moratorium announcement, the plan of repayment should be in between three to seven years.
  • Related to the Reserve Bank of India rules & regulations, the exact rate of interest has charge.
  • Every Finance institution has to give brief details about the final moratorium.

 

Loan Approval Process

Here we will discuss some of the necessary steps to approve loan are as follows:

  • Every advertisement has been doing in all state districts.
  • With the help of ads, every eligible candidate is inviting.
  • At all district levels, all qualified candidates have to save their application form.
  • This application form submits with the help of an online facility.
  • This form has been offering to the committee of the district-level General Manager.
  • This committee now handles all eligible candidates’ application forms.
  • After selection, all particular application forms will verify from the Bank.
  • So, all final and last decisions made by the Bank itself.
  • Whoever proposal the Bank selects, then he or she get a loan within five working days.
  • Now, Bank gives the subsidy of the margin amount of money proposal, which is the opposite of the borrower’s rules & regulations.
  • Currently, Bank will update this status with the MIS system. 


Swami Vivekananda Assam Youth Empowerment Apply Online

Here we will describe some of the steps taken while applying for a Swami Vivekananda Assam Youth Empowerment Scheme. The steps are as follows:

  • For this, every interested applicant should visit an official website of SVAYEM, which is as follows Click Here.
  • The page will look like this.

Swami Vivekananda Assam Youth Empowerment Scheme

  • Now, start to read all notifications as given on the website.
  • The direct link is as follows Click Here.
  • If you want to download an application form related to this scheme, then download it from here.
  • The direct link is as follows Click Here.
  • After download, now take a print out of this application form. Fill this form correctly. Start to fill all asked information that is mention in the application form.

SVAYEM

  • Now, attach all required documents as asked in the application form.
  • After proper filling, submit your application form to the DLC [District Level Committee].


Important Work

The necessary work that has been doing below SVAYEM Yojana 2020 is to provide a free contract license to do work in Flood Control, PWD. In this group, everybody has to do their work according to their wish in open registration. All those students who pass class 10 and age should be less than 40 years are eligible to apply for this scheme. All those who belong to the Self Help Groups [SHG] and have bank accounts until 1 September 2020 are eligible to apply for these existing schemes.

When this Swami Vivekananda Assam Youth Empowerment Scheme has redesigned, then the particular amount has been seed capital. There are around Rs.1000 crore amount from the side of government should be given below this SVAYEM scheme. The state government has decided to make this plan continue every year.

Since Independence, the redesigned procedure of SVAYEM has become the most generous self-employment program that was started by any government in Assam. The total amount that allotted is Rs.1000 crore below this SVAYEM yojana given from the State government revenue. In this, there will be no banking linkage.

I hope you will understand this article very well and are ready to take advantage of it. Suppose you face any problems related to the Swami Vivekananda Assam Youth Empowerment Scheme organized by the various authorities of the Government of Assam, eligibility conditions to apply in this scheme. In that case, you may ask your queries in the given comment box.


Frequently Asked Questions


Name all essential documents that should use while applying for a Swami Vivekananda Assam Youth Empowerment Scheme?

Essential documents are as follows Business License Copy, Application form of SVAYAM, Copy of Age Proof, Educational Qualification, Domicile Certificate, Ownership Identity Documents, Identity Proof (Driving License, Voter ID Proof, PAN Card, Aadhaar Card, Passport, etc.), Experience Certificate, Need of skill development training certificate, Business Registration Certificate copy, Report of the scheme for the particular proposed project, and Need of National Food Security Card.


Name all activities that should cover below the SVAYEM yojana?

All activities are as follows Service Sector, Manufacturing, Tourism, Processing, Repairing Centres, Cottage Industries, Shops, Handicraft, etc., Trading, and Service of Rural Transport (Auto Rickshaw, e-Rickshaw).


Is this scheme will be available for Andhra Pradesh students or applicants?

Nope. This scheme id is only applicable to all Assam State students, citizens, and applicants.

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