Swami Vivekananda Assam Youth Empowerment
At a Glance
Scheme Category
Social welfare & Empowerment,Financial assistance
Target Beneficiaries
Individual
Brief Description
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.
Benefit Type
Cash
Eligibility Criteria
Eligibility 1. Residents of Assam above 18 years of age. 1. There will be no income ceiling for getting assistance under this scheme. 1. The individual beneficiary should have skills, experiences, knowledge, etc., to undertake the income-generating activities. 1. The beneficiary should possess an educational qualification of at least Class VII standard. 1. The beneficiary who has already completed Skill Development Training will be given preference. 1. The beneficiary must not be the defaulter of any loan. If the information submitted by the beneficiary is found to be incorrect later, action would be taken against the beneficiary including cancellation of the loan, recovery of the amount as Bakijai and also blacklisting for future benefit under any Govt. Scheme. 1. PMEGP beneficiaries of the last 5 years will not be eligible under the scheme.
Application Mode
Online
Required Documents
- List of required documents list.
- SVAYEM Scheme 2023 Application form.
- Proprietary Identity Document.
- Copy of business registration certificate.
- Business license copy.
- National Food Security Card is in force.
- Residence proof.
- Skill Development Training Certificate if applicable.
- Experience certificate if applicable.
- Proof of age.
- Proof of merit.
- Identity proof (Voter ID card, driving license, PAN card, Aadhaar card, passport etc.).
- Plan Report for Proposed Project.
FAQs
What is SVAYEM scheme ?
SVAYEM Scheme is a Flagship welfare Scheme which Aims to Provide Financial Assistance to the youth of Assam state and Empower them in Income Generating Activities Like Service, Manufacturing, and Processing Industries.
What is the eligibility criteria for the scheme ?
Applicant must be a Permanent Resident of the Assam State, he should be more than 18 years old and Less than 40 years.
Which groups are eligible for the SVAYEM Scheme?
The groups eligible for the SVAYEM scheme are: (JLGs), (SHGs), Cluster-level SPVs/ State Federations, (and FPOs).
How to apply for SVAYEM scheme?
Candidates interested in applying for the scheme can do so by through the official portal of RE-SVAYEM. Aspirants will have to log in and complete the filling up the application form.
What is ‘seed money’ ?
It is the ‘seed money’ the initial amount to be provided to start new businesses, therefore, creating more businesses in the state.
List of required document?
List of required documents list. 1 VAYEM Scheme 2023 Application form. 2. Proprietary Identity Document. 3. Copy of business registration certificate. 4. Business license copy. 5. National Food Security Card is in force. 6. Residence proof. 7. Skill Development Training Certificate if applicable.Experience certificate if applicable. 8. Proof of age. 9. Proof of merit. 10. Identity proof (Voter ID card, driving license, PAN card, Aadhaar card, passport etc.). 11. Plan Report for Proposed Project