SVAYEM Scheme for Self Employment, 2 Lakh Youth get each Rs 50,000 to start a business

SVAYEM Scheme | Swami Vivekananda Assam Youth Empowerment | Assam Youth Empowerment Scheme | Startup India Scheme | Assam Startups scheme

Here is good news for the people of Assam. The CM Sarbananda Sonowal recently announced a new scheme for the welfare of the youth of the state. If you want to get benefit from the scheme read the full article. In this article, we will share all the details of the scheme. So let’s have a look at the scheme.


This scheme is about to empower the youth of Assam. With the help of this scheme, the local industries and rural economy of Assam will get a boost. The name of the scheme is ‘’Swami Vivekananda Assam Youth Empowerment’ (SVAYEM).

Who will get benefit under SVAYEM Scheme

In the first phase, the government will provide over 2 Lakh skilled and talented youth in the state and the government will also provide financial assistance of Rs 50,000 each as seed money to start business ventures.

Aim of the SVAYEM Scheme

The present government is focusing to empower the youth of the state by providing proper training. For this, the government is also going to spend money in a very productive manner. With the help of this scheme, the youth will get empowered and they will be able to build their business and boost the state economy. The youth become self-empowered and also provide employees with the help of their businesses. 

Check this also–>> Abhinandan Scheme Assam

Training Under SVAYEM Scheme

Under this scheme, the youth will get proper training and then the government will provide financial assistance of Rs. 50,000 each to 2 lakh skilled & talented youths of the state.

The beneficiaries will use this money to empower their business in a productive manner. This will reduce unemployment in the state and the state will spread prosperity in the state.

The government will help the beneficiaries to set up their business in a proper manner and also help them to build their businesses. The government will guide them to set up their industries. And how to make their company profitable. In all aspects, the government is going to help them. 

Under this scheme, almost 1000 cr is allotted for this scheme. With the help of this scheme, the government is going to help the enterprises of the state.

This scheme “Swami Vivekananda Youth Empowerment Yojana” will empower the youth of the state. This is an ambitious project for the enterprises and youth of the Assam state. 

The main of the scheme is to generate employment opportunities in both rural and urban areas of the state. By doing this the new enterprises will increase and also provide financial assistance to the people of the state. 

For more info visit the official website of Assam