Assam Mukhya Mantri Sva-Niyojan Yojana 2023: The Assam government has announced the launch of the Sva-Niyojan Yojana for the state’s business owners. Through this program, the government will give funding to entrepreneurs so they can launch their own businesses. So, the beneficiaries’ financial situation will improve. Let’s learn how to apply for and receive benefits from the Mukhya Mantri Sva-Niyojan Yojana. For more information, please see the details below.
Assam Mukhya Mantri Sva-Niyojan Yojana 2023
The Sva-Niyojan Yojana was introduced by Assam Chief Minister Himanta Biswa to help the state’s small businesses get off the ground. The government would give entrepreneurs participating in this program a cash grant of Rs 2 lakh to help them operate their own businesses. This will comprise 1 lakh entrepreneurs in the state in three years. The Assam Government will give the program’s beneficiaries periodic payments in the form of a seed capital investment. The beneficiary’s bank account will receive the funds, at which point the applicant can choose the company of his choice.
Assam Mukhya Mantri Sva-Niyojan Yojana Details
| Name Of the Scheme | Assam Mukhya Mantri Sva-Niyojan Yojana |
| Initiated by | Government of Assam |
| Beneficiary | State Entrepreneurs |
| Assistance to be Provided | To provide financial assistance to entrepreneurs to start their ventures |
| Assistance Amount | Rs. 2 Lakh |
| No. Of Beneficiaries | 1 lakh Entrepreneurs |
| Application Process | Online/Offline |
| Official Website | Update Soon |
Assam Mukhya Mantri Sva-Niyojan Yojana Main Points
The Sva-Niyojan Yojana has been introduced by the state’s chief minister for the state’s young entrepreneurs. According to CM Himanta Biswa Sarma, we want to develop a state of entrepreneurs who are not job seekers but employment producers within the next three years. Which the Assam state government would do this by giving 1 lakh entrepreneurs in the state capital investments totaling Rs. 2 lahks. If you wish to launch a new business, the state government will support you by offering innovation.
Mukhya Mantri Sva-Niyojan Yojana Budget
For the Mukhya Mantri Sva-Niyojan Yojana, under which the state would provide recipients with a seed capital investment in the form of monthly installments, the state government has set aside Rs 1000 crore for the current fiscal year 2023–2024 and Rs 5000 crore for the following three years.
Assam Mukhyamantri Sva-Niyojan Yojana Objectives
> To assist New and Young Entrepreneurs in Launching Small Businesses.
> One lakh Young Entrepreneurs will each receive Rs. 2 lakh as Seed Funding.
> Tranches will be used to offer seed money in three years.
> To increase the rate of self-employment in Assam.
Assam Mukhya Mantri Sva-Niyojan Yojana Benefits
The following are some of the Mukhyamantri Sva Niyojan Yojana’s main advantages:
> The entrepreneurs in the state of Assam will receive benefits from the Sva-Niyojan Yojana.
> Through this program, the government would give entrepreneurs financial support to help them manage their own businesses in the amount of Rs 2 lakh.
> This will be funded by the Assam government in the form of installment payments to the recipients.
> Within three years, 1 lakh entrepreneurs would be included in the state under the Assam Chief Minister Self-Employment Plan.
> The Sva-Niyojan Yojana benefit would be made available to all eligible beneficiaries through the operation of this program throughout the state.
> A committee will be established to ensure the success of this plan.
> This program will connect the program’s recipients to it in an inclusive manner.
> Online submissions for the Assam Sva-Niyojan Yojana are permitted.
Assam Mukhyamantri Sva Niyojan Yojana Eligibility Criteria
> The applicant must reside in the state of Assam permanently.
> Only state business owners will be able to benefit from this program.
> This program will be available to business owners of both male and female entrepreneurs.
> Self-help group members who are women are welcome to participate in this program.
> The applicant’s age must be at least 18 years old.
Important Documents of Mukhyamantri Sva-Niyojan Yojana Assam Online Apply
- Aadhaar Card
- PAN Card
- Domicile Certificate
- Residence Certificate
- Bank Account details
- Business Plans
- Passport Size Photo
- Mobile Number
Assam Mukhyamantri Sva Niyojan Yojana Registration Process
Follow the instructions below to register for the Mukhyamantri Sva Niyojan Yojana.
> First Step, Visit the Mukhyamantri Sva Niyojan Yojana Official website.
> Your screen will now display the homepage.
> Next, Click on the Register link.
> On your screen, a registration form will appear.
> Complete the form by entering all the necessary information, including Name, Email ID, Mobile Number, and Address.
> After that upload all the required documents.
> Finally, click on the Register button to complete the registration process.
Important Links Section
| Official Website | Update Soon |
| Home Page | Click Here |
Assam Mukhyamantri Sva Niyojan Yojana FAQs
What is Mukhyamantri Sva-Niyojan Yojana?
Dr. Hemanta Biswa Sharma, the Chief Minister of Assam, launched the Mukhyamantri Sva-Niyojan Yojana to offer financial support to start-ups and small businesses. A one-time Seed Capital of Rs. 2 lahks would be given to 1 lakh Young Entrepreneurs under this program.
How can I apply for the Assam Mukhyamantri Sva-Niyojan Yojana?
The Assam Mukhyamantri Sva-Niyojan Yojana application form may be submitted offline at the closest bank branch or online via the program’s official website by interested recipients.
What is the repayment period for the loan under the Assam Mukhyamantri Sva-Niyojan Yojana?
The Assam Mukhyamantri Sva-Niyojan Yojana loan amount has a maximum repayment length of 7 years, including a moratorium of up to 1 year.
Who is eligible to apply for the Assam Mukhyamantri Sva-Niyojan Yojana?
Assam Mukhyamantri Sva-Niyojan Yojana applicants must be Assamese citizens with permanent addresses, be between the ages of 18 and 40, and have completed at least class 10 to qualify. Moreover, individuals from a variety of categories, including the EWS category and women entrepreneurs, are eligible to apply for the program.
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