Swayam Odisha gov Registration:Eligibility, Apply link available|swayam yojana odisha|swayam yojana apply|swayam yojana online apply:Odisha Naveen Chief Minister, Naveen Patnaik has announced the Swayam Scheme 2024, Providing financial support to ration card holders and Interest free loan to youth. Government will provide you loan up to 1 lakh for small business. If your age is 18-35 then you can easily get up to 1 lakh loan easily.

The Government of Odisha has recently launched the Odisha Swayam Yojana 2024. The initiative provides interest-free bank loans of up to Rs 1 lakh to budding entrepreneurs aged 18-35 years (or 18-40 years for special categories) – to help them start new businesses. This is in suit with the Pradhan Mantri MUDRA Yojana (PMMY), which was launched nationally in April 2015 and allows non-corporate, non-farm small/micro enterprises to borrow up to ten lakh rupees.

Swayam Odisha gov Registration

The official notice reads: “The objective of the scheme is to provide financial assistance to urban youth, in the age group of 18-35 years and upto 40 years for Special Category (SC/ST/PwD/Transgender) for setting up gainful self-employment ventures / micro-enterprises, suited to their skills, training, aptitude and local conditions through easy access of credit through banks with interest subsidy.

The underemployed or unemployed urban youth is encouraged to set up small enterprises relating to manufacturing, service, and petty business for which there is considerable local demand.”

The goal of coverage is to reach 50,000 urban youths in two years, with the option of extending at the discretion of the government. The H&UD Department will set district-specific targets, which the SLBC will then distribute to eligible banks in each district. The project will cost Rs 1 lakh, with the borrower contributing a 5% margin. Thus, the recipient could receive an interest-free loan of Rs 95,000/- from the banks. Short Highlights

Name Of SchemeSwayam Scheme Odisha 2024
Launched ByGovernment Of Odisha
Started ForState ration cardholders and youth group
Main AimProviding financial assistance of Rs.1,000 to ration cardholders and loans up to Rs.1 lakh to youth to start a business
Last Date Of Apply OnlineReleased Soon
Official Website

Swayam Yojana Odisha Objective 2024

This program is launched by the government of Odisha introduced for the young people in rural areas who want to grow their own business. The main objective of this scheme is to provide jobs for many of the citizens indirectly. Through this scheme many people will start their business and many jobs will be created. If you are interested in running the business then you can apply for this financial support. The main goal of Yojana is to help people in Odisha by giving them interest-free loans.

udyam registration odisha Benefits 2024

There are various benefits provided under the Swayam Scheme 2024.

  • In this scheme the support of One Thousand rupees to around 95.90 lakh families who have ration cards.
  • This will help the citizens of Orissa.
  • This will encourage the development and the self-employment and small business of Odisha.
  • In this scheme they offer the loan up to 1,00,000 rupees to 1,00,000 young people aged between 18 to 35 years in ruler and urban areas.

Swayam Scheme Eligibility 2024

There are some sort of eligibility that you have to fulfil to apply for this scheme. If you are under the eligibility then you can easily apply and get the loan approval.

Individuals meeting the specified criteria are eligible to avail of the scheme’s benefits. Applicants must fall within the age bracket of 18-35 years, with the upper age limit extended to 40 years for special categories such as SC/ST/PwD/Transgender. Additionally, the applicant’s family must either be covered under the BSKY Scheme or have an annual income of less than Rs 3 lakh, with “Family” referring to the applicant and their spouse. Furthermore, applicants must possess a UDYAM registered or UDYAM assisted number to qualify for the scheme.

udyam registration odisha NOT eligible?

Applicants falling under any of the following parameters will be ineligible for the scheme’s benefits.

This includes individuals who are defaulters in any bank or financial institution or have outstanding loans for the same purpose under any Central or State Government schemes. Additionally, employees of Central/State Government or any PSUs, along with their families, are excluded from the scheme. Furthermore, if any member of the applicant’s family is already covered under this scheme, the applicant will not be eligible for its benefits.

Documents Required for Swayam Scheme 2024

There are various documents required for the Swayam Scheme 2024. So if you want to apply for this scheme you should have the below documents.

  • Ration card
  • Aadhaar card
  • Passport size photo
  • Aadhaar proof
  • Mobile number
  • Email ID

How to apply for Odisha Swayam Scheme 2024?

Step 1: Visit the official webpage of Swayam Scheme Odisha.

Swayam Scheme Odisha

Step 2: Click on the “Apply Online” option.

Step 3: Fill in the application with personal details such as name, address, mobile number, Aadhar card number, Ration Card Number, and PAN Card No.

Step 4: Upload the necessary documents.

Step 5: Submit the application.

Here’s the direct link to apply for Odisha Swayam Scheme 2024.

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