Odisha Government has approved a new Yojana in Odisha” Swayam Yojana” by Chief Minister Naveen Patnaik. This initiative aims to assist people by offering interest-free loans and extending financial aid to families holding ration cards. The primary goal is to provide support to the community, making it easier for individuals to access loans without the burden of interest. Additionally, the program strives to offer financial assistance to families in need, particularly those with ration cards, contributing to the overall well-being of the residents in Odisha.
I believe it’s a positive move as it enables individuals to kickstart their own businesses, leading to improved livelihoods. Additionally, the program, Swayam Yojana Odisha, initiated by Chief Minister Naveen Patnaik, offers interest-free loans to young people and provides ration card support to families, which I find to be a commendable initiative. This not only aids in personal growth but also contributes to increased employment opportunities as businesses expand.
Swayam Yojana Odisha
Introducing the Swayam Yojana Odisha 2024, a freshly approved program by the Odisha Cabinet, set to empower young individuals aged 18 to 35 in rural areas. This initiative provides interest-free loans of up to Rs 1 lakh, aiming to assist those aspiring entrepreneurs who lack jobs but have the ambition to grow their businesses.
This scheme, strategically greenlit before the upcoming elections, emphasizes the government’s commitment to supporting the entrepreneurial dreams of young people in rural regions, fostering business initiation and expansion. With an allocated budget of Rs 448 crore for a two-year duration, this program is poised to make a significant impact on the economic landscape.
The primary objective of the Swayam Yojana is to extend interest-free loans, specifically targeting entrepreneurs in the 18 to 35 age . As Odisha takes this step towards empowerment, the program strives to be a catalyst for economic growth in both rural and urban areas, providing assistance to approximately 1 lakh young individuals in each sector.
With a substantial financial commitment from the government, totaling Rs 448 crore over two years, Swayam Yojana emerges as a beacon of support for the entrepreneurial spirit, contributing to the socio-economic development of Odisha.
| Scheme Name | Swayam Yojana |
| Swayam Full Form | Swatantra Yuva Udyami Scheme (SWAYAM) |
| Launched by | Government Of Odisha |
| Launch Date | 12th February 2024 |
| Who Can Apply Swayam Yojana | Youth of Odisha state |
| Swayam Yojana Age Limit | 18 to 35 years |
| Swayam Yojana Apply Fees | No Fee |
Swayam Scheme Odisha 2024
The Swayam Yojana Odisha 2024 is offering fantastic benefits for all young people, so if you’re between 18 and 35, make sure to apply. The Odisha government has announced great opportunities for everyone, and it’s a must for all eligible candidates to consider applying for these schemes.
The Swayam Yojana Odisha Application Form 2024 has been released for all people and financial help of Rs. 1000 to all ration card holders and youngsters who want to accept interest-free loans up to Rs. 1 lakh under the program.
Swayam Yojana Benifit
If we talk about the Swayam Yojana then there are many benefits of this yojana like Some of the key benefits are the Swayam Yojana Odisha are as follows:
- Provides support of Rs. 1,000 to around 95.90 lakh families who have ration cards.
- Helps financially to the people in Odisha.
- Encourages self-employment and starting small businesses.
- Offers loans up to Rs. 1 lakh to 1 lakh young people (aged 18-35) in rural and urban areas.
- The program will cost Rs. 1,237.74 crore to help the people of Odisha.
Swayam Yojana Eligibility Criteria
Eligibility criteria that you must look into if you are interested in SWAYAM Yojana of Odisha:
- The interested applicant must be from Odisha State.
- The interested candidate should be a ration card holder.
- The age of the interested candidate must be around 18 to 35 years to get the loan.
- The age limit for interested candidates from Scheduled tribes is 18 years to 40 years.
- The unemployed candidates in rural areas who don’t have any loan under their name from any government scheme and like to grow their business can apply for the loans.
- The candidates who are working for the state or central government are not eligible for this scheme.
Document required to apply for the SWAYAM Scheme of Odisha
These are the important documents needed for Swayam Yojana Odisha:
- Passport Size Photo
- Aadhar Card
- Ration Card
- PAN Card
- Address Proof
- Mobile Number
- Email ID
- Caste Certificate
- Bank Account
- Business details if you are looking to take a loan to expand your business.
There will be no application fee, so when the portals go live the government of Odisha will apply for the scheme immediately.
Swayam Yojana Apply Online Steps
To apply for the Swayam Yojana in Odisha in 2024, follow these steps:
- Start by visiting the official website of Swayam Yojana Odisha.
- On the homepage, locate and click on the “Apply Online” link.
- A new application form will appear on your screen.
- Provide all the required details in the form, including your name, Aadhar Card Number, Email ID, Mobile Number, Address, etc.
- Upload all the necessary documents as specified.
- After filling in the information and uploading documents, click on the “Submit” button.
- Complete the application process as directed.
Ensure that you carefully follow these steps to successfully Swayam Yojana Apply Online in Odisha for the year 2024.
| Swayam Yojana Apply Link | |
|---|---|
| Swayam Official Website | Click Here |