Swami Vivekananda Assam Youth Empowerment (SVAYEM / Re-SVAYEM)
स्वामी विवेकानंद असम युवा सशक्तिकरण योजना
Ministry / Dept: Finance Department, Government of Assam • Agency: District Industries and Commerce Centres (DICC) / Scheduled Commercial Banks
📋 Scheme Objective & Overview
Assam Government's mega youth initiative granting ₹50,000 non-refundable seed capital per eligible youth and subsidized bank loans to spark micro-enterprises and artisan units across the state.
💰 Key Financial Benefits & Subsidy Details
- ✓₹50,000 direct non-refundable seed grant released in 2 tranches (₹30,000 + ₹20,000).
- ✓Joint Liability Groups of 5 youth can access ₹2.5 Lakhs direct seed capital.
- ✓Additional bank loan access up to ₹5 Lakhs for expanding micro units.
- ✓Zero collateral requirement.
🎯 Who is Eligible? (Eligibility Criteria)
- •Permanent resident of Assam.
- •Age between 18 to 40 years.
- •Educational qualification: Minimum Class 10 passed.
- •Applicant should be part of a registered Youth Club, SHG, or Joint Liability Group.
Age Requirement: 18 to 40 years.
Education Qualification: Class 10th pass
📑 Mandatory Documents Required Checklist
Scanned PDF / Copies🚀 Step-by-Step Application Procedure
❓ Frequently Asked Questions (Swami Vivekananda Assam Youth Empowerment (SVAYEM / Re-SVAYEM))
What is the maximum loan limit under Swami Vivekananda Assam Youth Empowerment (SVAYEM / Re-SVAYEM)?
Eligible applicants can avail up to Up to ₹5 Lakhs (₹50,000 Direct Seed Capital per member + Bank Credit) in financial assistance from authorized partner banks.
How much capital subsidy is provided?
The scheme provides Flat ₹50,000 Direct Seed Capital Grant per youth + up to 25% Capital Subsidy on Bank Credit credited directly to the loan bank account upon milestone verification.
Is collateral security or mortgage required?
100% Collateral-Free (Under CGFMU / State Guarantee).
Ready to apply for Swami Vivekananda Assam Youth Empowerment (SVAYEM / Re-SVAYEM)?
Submit your online application through the official government portal.
Apply on Official Portal →Toll-Free Helpline: 0361-2237054
Check Your Complete Subsidy Eligibility
Answer 4 quick questions about your state, business sector, and loan amount to see all 50+ central & state schemes you qualify for.
Launch 1-Minute Quiz →Share with Entrepreneurs & Friends
Help other business owners, SHGs, and youth learn about this government subsidy.
Share on WhatsApp