SVAYEM Youth Empowerment Scheme

Are you part of a Self Help Group, JLG, or looking for grants for a micro-enterprise?

The Swami Vivekananda Youth Empowerment Yojana (SVAYEM) provides Rs. 50,000 as seed money to eligible youth and groups.

CHECK SVAYEM SCHEME DETALS

Portal Highlights

Portal
SVAYEM Yojana
Department
Finance Department, Assam
Services Covered
Financial Grant, Seed Capital, Enterprise Support

Checklist Before Applying

  • 1You must fall in the age group of 18 to 40 years as per guidelines.
  • 2Applicants must have educational qualifications of strictly Class X passed and above.
  • 3Maintain an active bank account, ideally linked with your Joint Liability Group (JLG).
  • 4Possess skill training certificates if applying for technical or specialized ventures.

Frequently Asked Questions

Q.Is it for individuals or groups?

A.It supports both individuals and groups. However, there is a strong focus on Joint Liability Groups (JLGs) and SHGs in the newer iterations.

Q.Do I have to return the seed money?

A.No, the Rs. 50,000 grant provided under specific phases of SVAYEM is given as seed capital or subsidy to start the business.