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State News

Sep 04, 2020
9:27PM

Assam govt re-launches SVAYEM scheme to provide self-employment to around 2 lakh youths

AIR
The Assam government re-launched a scheme to provide self-employment to around 2 lakh youths of the state. Known as Swami Vivekananda Assam Youth Empowerment (SVAYEM), it would provide 50 thousand rupees each as seed money to selected youths to start business ventures.
 
Talking to newspersons in Guwahati, Finance minister Himanta Biswa Sarma said that the government is  launching the redesigned SVAYEM with a budget of Rs. 1000 crore which will be spent in the next three months without any banking linkage. 
 
He said that the 2 lakh beneficiaries would have to be part of self-help groups, joint liability groups. 

Those seeking to avail benefits of the scheme will be able to register themselves at a new portal which will be launched on September 16.

 

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