Svayem Scheme Guidelines
Under the Re-SVAYEM Scheme, the Government of Assam desires to develop an ‘entrepreneurship-oriented ecosystem’ in the State by giving a fillip to *re existing members of SHGs (Self-Help Groups), members of Joint Liability Groups (JLGs), members of Farmer Producer Organizations (FPOs), members of Cluster Levet sPVs/ Federations for setting up new ventures, or for upscaling existing ventures.
Key objectives of the Scheme are as below:
- Provide ‘working capital support’ to enterprising individuals and groups to undertake new economic activities or expand their existing enterprises.
- Provide’seed money’ to initiate potential new business activities.
- Strengthen the State Govemment’s ‘special focus on the rural economy, by providing preference to agriculture and allied sectors, rural industries, rural artisans.
- Create ‘clusters of producers and groups’ to increase their bargaining power.
To achieve the desired goals, the Government of Assam, starting from Fy ZO2O-21, aims to extend support to selected Re-SVAYEM members by providing financial assistance in the form of ‘Seed Capital’ to build entrepreneurial ventures and also aid them in access to credit through linkages with banking / financial institutions.
The idea is to help create a group of young entrepreneurs in different parts of the State, who can undertake various economic and production activities in the govemmenUnongovemment segments. lt is expected that over a period of time, such entrepreneurs may become production centers, thereby creating more employment opportunities in the rural/semi-urban areas of the State. This will aid the process of faster economic growth in Assam.
For more details download the Svayem Scheme Guidelines in PDF format using the link given below or alternative link.
Also, Check
Assam SVAYEM Scheme Application Form
