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6 October 2020

SVAYEM Scheme Assam Apply Online - SVAYEM 2020 Eligibility Criteria

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SVAYEM Scheme Assam Apply Online

SVAYEM Scheme Assam Apply Online

SVAYEM Scheme Assam Apply Online - SVAYEM 2020 Eligibility Criteria: 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. All respected visitors are requested to visit our Website www.AssamGovtSakari.com regularly & Join Our Daily FREE WhatsApp Job Alert Service for Latest Job News Assam, Job in Assam, Bank Jobs in Assam, Job in Guwahati, Assam TET News, and Job Alert Assam and North East India.



SVAYEM Scheme Assam Apply Online - SVAYEM 2020 Eligibility Criteria

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.

Short Description
Launched by
Govt of Assam
Post Updated
29-09-2020
Scheme Name
Launch date
16th September 2020
Apply Mode
Online
Amount 
Rs. 50,000/- per youth
Apply Start Date
19-09-2020
Apply Last Date
07-10-2020



SVAYEM Scheme 2020 Details:-




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

Amount: Rs. 50,000/- per youth



Launch Date: 16th September 2020



Objective: To promote entrepreneurship among educated youths

No of beneficiaries2 lakh


Earlier, this scheme was initiated and managed by Dept. of Industries & Commerce, Assam; but this year (2020), the said scheme will be implemented by State Finance dept., Govt. of Assam with the help of other nodal agencies. 

Initial terms and conditions of this scheme were different under this scheme, but this year the entire scheme has been rejuvenated to meet the current situation and needs of the society.


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 for SVAYEM Scheme 2020


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 1st 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 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 organized themselves for entrepreneurial projects.


How to Fill 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 16th September 2020.


Easy Steps to apply for SVAYEM Scheme 2020


Step 1: Scroll down, go to the Important Links section.


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 for SVAYEM Scheme 2020 :

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Coming Soon
Online Apply Link
Official Website
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