Short Brief: स्वामी विवेकानंद असम युवा सशक्तिकरण योजना – [Apply Online] Swami Vivekananda Assam Youth Empowerment Scheme (SVAYEM) 2022 – SVAYEM Scheme Online Registration, SVAYEM Yojana Application Form PDF Download, Eligibility, Beneficiary List, Payment/ Amount Status, Features, Benefits and Check Online Application Status at Official Website https://assam.gov.in/en/main/SVAYEM.
|Short Scheme Details:|
|Name of Scheme||Swami Vivekananda Assam Youth Empowerment Scheme|
|Application Status||turn on|
|Benefit Scheme||Providing 50000 rupees to youth|
Table of Contents
Swami Vivekananda Assam Youth Empowerment Yojana List, Status News Update
|Latest News Update:|
|Recently, 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.|
SVAYEM Scheme 2022 Apply Online
Summary: The Government of Assam has introduced Swami Vivekananda Assam Youth Empowerment Yojana (SVAYEM). Under this scheme, State Govt. will provide Rs. 50,000 each to 2 lakh youth to encourage entrepreneurship.
SVAYEM (Swami Vivekananda Assam Youth Empowerment) Yojana:
Last year we announced this. However, working on the various modalities & mechanism including appropriate banking linkages, took slightly longer time than anticipated. Finally, the scheme is being launched in FY 18-19 pic.twitter.com/UEU70Gv09M
— Himanta Biswa Sarma (@himantabiswa) March 12, 2018
All Candidates who are willing to apply online application then download official notification and read all eligibility criteria and application process carefully. We will provide short information about “Swami Vivekananda Assam Youth Empowerment Scheme 2022” like Scheme Benefit, Eligibility Criteria, Key Features of Scheme, Application Status, Application process and more.
|Swami Vivekananda Assam Youth Empowerment Scheme 2022 – Overview|
|Name of Scheme||Swami Vivekananda Assam Youth Empowerment Scheme (SVAYEM)|
|in language||स्वामी विवेकानंद असम युवा सशक्तिकरण योजना|
|launched by||Finance Minister of Assam|
|Implemented By||Dept. of Finance, Govt. Assam|
|Beneficiaries||Youth of the State|
|No of beneficiaries||2 lakhs|
|Major Benefit||Providing 50000 rupees to youth|
|Scheme Objective||Aims to generate employment opportunities in rural & Arban|
|Scheme under||State Government|
|Name of State||Assamese|
|Launch Date||7th February 2017|
|Starting Date to Apply Online||16th September 2020|
|Last Date to Apply Online||—|
|Apply Online||Application Form for SVAYEM Scheme|
|SVAYEM Scheme Notification||clickhere|
|Last Date for submission of application forms||clickhere|
|Swami Vivekananda Assam Youth Empowerment Scheme 2022||Official Website|
Swami Vivekananda Assam Youth Empowerment Scheme Online Registration Process
Assam government is going to invite Swami Vivekananda Assam Youth Empowerment Yojana 2020 apply online form. . All the interested candidates can fill Assam SVAYEM Scheme online application/registration form. Please follow the Procedure for submission of application, approval, sanction and disclosure given below.
Procedure to Apply Online SVAYEM Scheme Application Form 2022
Step 1- Visit the Official Website of Swami Vivekananda Assam Youth Empowerment Scheme ie https://assam.gov.in/
Step 2- On the Homepage, Click on the Option “Application Form for SVAYEM Scheme”link.
Step 3- Application Form page will be displayed on the screen and take a print out of it.
Step 4- Now fill in the required details and Attach all of the documents in the application form. Supporting documents need to be
uploaded online also.
Step 5- On receipt of online application General Manager, DICC will scrutinize them and forward to the District Level Committee (DLC) for approval.
Step 6- District Level Committee will examine the application and recommend to the bank for consideration online.
Step 7- Bank will make their credit decision on the basis of the viability of each project. They will appraise the project both Technically and Economically with the approved project cost of DICC and will accordingly issue sanction of the proposal within 30 days.
Step 8- After sanction of the proposals by the Bank, the loan will be released, normally, within five (5) working days after the deposit of promoter contribution by the beneficiary and receipt of subsidy claim, whichever is later.
Step 9- Upon sanctioning of the loan, Bank will submit the Margin Money Subsidy proposal against the borrowers to a Nodal Bank approved by the Government of Assam. An MOU will be executed by the Finance Department with the Nodal Bank for release of the Margin money amount to the Financing Bank Branch.
Step 10- Bank will update the status on online MIS system of the scheme.
Required Document for Swami Vivekananda Assam Youth Empowerment Scheme
|Important Document to Apply Online|
Swami Vivekananda Assam Youth Empowerment Scheme Eligibility Criteria
Swami Vivekananda Assam Youth Empowerment Scheme 2022: Online Application Form
|Swami Vivekananda Assam Youth Empowerment Scheme 2022: Online Application Form PDF Download – Swami Vivekananda Assam Youth Empowerment (SVAYEM) Yojana announced by the Hon’ble Finance Minister of Assam in his budget speech on 7th February 2017, is a flagship program to provide financial support to the youths of Assam to take up income-generating activities in the manufacturing, trading and service sector.
Institutional and implementing arrangement
Area of implementation:
All districts of Assam including autonomous district councils
Coverage and targeted group:
There will be no processing fees for the applicant
List of activity under SVAYEM Scheme 2022
Nature of activities:
- Service Sector
- Rural Transport Service (Auto Rickshaw, e-Rickshaw)
- Shops, repairing Centres, handicrafts, Cottage Industries etc.
Negative list of activities:
- Manufacturing of intoxicant items
- Beedi, Panmasala, Cigarette, etc.
- Sales outlet of Liquor
- Plastic bags below 40 microns
Beneficiary Selection for SVAYEM Scheme
The number of beneficiaries of SVAYEM Yojana will be selected based on the population in a district. About 1 lakh youth in Assam will be provided adequate financial support for taking up income-generating enterprises.
- Bank will sanction 55% of the project cost under this scheme.
- The Beneficiary will deposit with the bank the owner’s contribution of 25% of the project cost after sanction of loan.
- The bank to claim the applicable subsidy for the entire sanctioned amount.
- After receipt of subsidy will release the loan amount
- The loans are to be disbursed in one lump sum.
Financial Assistance under SVAYEM Scheme
All Public Sector, Private Sector and Regional Rural Banks provide financial assistance under this SVAYEM Scheme. The quantum loan for new entrepreneurs is Rs. 1 lakh and for existing entrepreneurs – Rs. 2 lakhs
|Category||Qualifying Amount||Government Subsidy Percentage||beneficiary contribution||bank loan||Remarks|
|new entrepreneur||Rs. 1 lakh||
|25%||55%||Project cost maximum subject to Rs.20000|
|Existing entrepreneur||Rs. 2 lakhs||twenty%||25%||55%||Project cost maximum subject to Rs.40000|
Objectives of Swami Vivekananda Assam Youth Empowerment Scheme 2022
Key Features of Scheme