SVAYEM Scheme renewed 2020, Govt. will provide Rs. 50,000 each to 2 lakh youth to encourage entrepreneurship. All the interested candidates can fill Assam SVAYEM Scheme online application / registration form.

SVAYEM Scheme Details 2020:
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.

What is the 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.

What are the List of activity Included in SVAYEM Scheme 2020 ?
- Manufacturing
- Processing
- Service Sector
- Trading
- Rural Transport Service (Auto Rickshaw, e-Rickshaw)
- Tourism
- Shops, repairing Centres, Handicraft, Cottage Industries etc.

What Activity are Excluded in SVAYEM Scheme 2020 ?
- Manufacturing of intoxicant items
- Beedi, Panmasala, Cigarette, etc.
- Sales outlet of Liquor
- Plastic bags below 40 microns

What is the Eligibility Criteria for SVAYEM Scheme 2020 ?
All the applicants must fulfill the below mentioned criteria to become eligible for the SVAYEM Scheme Assam:-

a) 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 1 September 2020.

What are the major benefits under SVAYEM Scheme 2020 ?
- Rs. 50 thousand will be provided as a 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 for Rs 2.5 lakh, groups with 10 members would be entitled for 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 organised themselves for entrepreneurial projects.

Where to download SVAYEM Scheme Online Form 2020 ?
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 16 September 2020.

How To Apply SVAYEM Scheme Online 2020 ?
Eligible groups and individual have to apply online in the official web portal. According to sources of information the SVAYEM Scheme portal will be launched on 16 September 2020.

Important Direct Links of SVAYEM Scheme 2020
SVAYEM Scheme Application Form: Coming Soon

SVAYEM Scheme 2020 Notification: Coming Soon

SVAYEM Scheme 2017 Notification: Click Here

Official Website: Click Here