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.
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.