GUWAHATI: In order to encourage entrepreneurship, the Assam government has decided to provide Rs. 50 thousand to 2 lakh youths of the state, announced health, finance and education minister Dr. Himanta Biswa Sarma.
Addressing a press meet in Guwahati on Friday, Dr. Sarma stated that Rs. 50 thousand will be provided as a chit capital under the renewed ‘Swami Vivekananda Assam Youth Empowerment (SVAYEM) Yojana.’
“Rs. 1,000 crore has been earmarked for this scheme. It will continue in future,” Dr. Sarma said.
The money will be provided to the members of self-help groups or joint liability groups registered before September 1. The members below the age of 40 years and with a minimum qualification of matriculation will be considered as eligible for this scheme.
