Swami Vivekananda Yuva Shakti Yojana

Benefit

• Swami Vivekananda formed a youth self-help group “encouraging self-employment and economic activities”
• Accommodating the rural unemployed youth and providing self employment opportunities in their places of residence
• To provide continuous and sustainable self-employment opportunities to self-help groups
• Encouraging youth to undertake self-employment and economic activities
• Creation of employment opportunities in rural areas
• A circular of Rs.10,000/- per youth group
• 10,000/- for each youth group formed
• Subsidy up to Rs.1.00 lakh per group from Govt
• Bank loan for business up to Rs.5.00 lakh as per eligibility
• Skill development, entrepreneurship training and encouragement to avail bank loans by Govt
• Loan repayment holiday period up to 6 months initially
• Smart loan disbursement
• 24/7 backup facility using Cloud based technology

Subsidy