Assam Mukhyamantri Sva Niyojan Yojana 2024: Online Apply, Benefits

Assam Mukhyamantri Sva Niyojan Yojana:- To enhance the lives of farmers, women, and children, the Assamese government is working hard to develop the state and put in place several government welfare programs. In this regard, the state government has launched the Mukhyamantri Swa Niyojan Yojana along with several other government initiatives. Read the article below to know more about Mukhyamantri Sva Niyojan Yojana.

Assam Mukhyamantri Sva Niyojan Yojana

Assam Mukhyamantri Sva Niyojan Yojana 2024

The Chief Minister of Assam, launched the Mukhyamantri Swa Niyojan Yojana to assist the state’s small companies in getting off the ground. The state government would offer financial support under this plan to enable the entrepreneurs to operate their businesses, up to a total of Rs 2 lakh. The Assamese government would provide the program’s participants with installment payments as seed capital over three years, covering around 1 lakh businesses. In addition, once the funds are transferred into the beneficiary’s bank account under the Assam Mukhyamantri Swa Niyojan Yojana, the applicant is free to select the company of his choosing.

Assam Orunodoi Scheme

Mukhyamantri Sva Niyojan Yojana Details in Highlights

Name of the schemeAssam Mukhyamantri Sva Niyojan Yojana
Launched byAssam government
Launched in2023
ObjectiveTo offer financial support to entrepreneurs to start their ventures
BeneficiariesState Entrepreneurs
Benefit2 Lakh Rupees
Official Website

Objectives of Assam Mukhyamantri Sva Niyojan Yojana

Following are the main objectives of Assam Mukhyamantri Sva Niyojan Yojana

  • Encourage Assamese youngsters to pursue self-employment and entrepreneurial endeavors.
  • Create job opportunities within the state
  • Encourage the expansion of small-scale businesses
  • Strengthen the state’s economy

Features of Mukhyamantri Sva Niyojan Yojana

Some of the key features of Assam Mukhyamantri Sva Niyojan Yojana are mentioned below:

  • The state government of Assam will offer financial support to entrepreneurs in the state through the Mukhyamantri Swa Niyojan Yojana, enabling all entrepreneurs to launch their businesses.
  • The state government will provide financial support to all of the state’s businessmen under this initiative.
  • In addition, company owners will be urged to benefit from this program.
  • The beneficiaries of the Assam Mukhyamantri Swa Niyojan Yojana 2024 will have a higher level of living.

Lakhpati Baideo Scheme

Benefits of Mukhyamantri Sva Niyojan Yojana

The Assamese government’s main program, the Mukhyamantri Sva Niyojan Yojana (MSNY), encourages young people in the state to pursue self-employment and entrepreneurship. Established in 2023, the program offers both new and established small companies financial support up to Rs. 2 lakhs. The primary goal of the Mukhyamantri Swa Niyojan Yojana is to give state entrepreneurs financial support to launch their businesses. All state entrepreneurs will be allowed to conduct business thanks to this program, and everyone who benefits will also see an improvement in their financial situation.

Documents Required

Following are the documents required for Assam Mukhyamantri Sva Niyojan Yojana.

  • Aadhaar card
  • PAN card
  • Domicile certificate
  • Age proof certificate
  • Education qualification certificate
  • Unemployment certificate (if applicable)
  • Project proposal

Eligibility Criteria for Mukhyamantri Sva Niyojan Yojana

Before applying for Mukhyamantri Sva Niyojan Yojana, make sure you fulfill all the eligibility criteria mentioned below:

  • Applicant must belong to Assam state
  • Applicants must be aged between 18 to 45.
  • Applicants must have inadequate or no work experience
  • Applicants must possess a current PAN and Aadhaar card.
  • Applicants must have an idea for a project for a small business, either established or not.

Assam Mukhya Mantri Nijut Moina Scheme

Assam Mukhyamantri Sva Niyojan Yojana Online Registration

The process listed below can be used by any state citizen wishing to register for the Assam Mukhyamantri Sva Niyojan Yojana.

  • You must first visit Mukhyamantri Swa Niyojan Yojana’s official website.
  • The website’s homepage will open for you.
  • You must select the “Register” option on the website’s homepage for the registration form to appear.
  • You must input the requested information below, including your name, email address, mobile number, address, and so forth.
  • Following this, you must upload each of the required documents, and then you must select the “Register” option.
  • You can easily register for the Mukhyamantri Swa Niyojan Yojana by following this procedure.

Selection Process

The following criteria will be considered for choosing MSNY grantees, and selection will be based solely on merit:

  • The project proposal’s feasibility
  • The educational background and work experience of the applicant
  • The applicant’s social and economic background
Which kinds of enterprises meet the criteria for the MSNY?

The MSNY encompasses a broad spectrum of industries, including retail, manufacturing, services, and agriculture.

What is the financial assistance payback schedule under the MSNY?

The MSNY recipients are required to pay back the financial aid at a low interest rate over five years.

How can the Assam government give me two lakh rupees?

The Assam government is going to introduce a new program that will give young people ₹2 lakhs in funding for self-employment.

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