How to Apply Online for SWAYAM Yojana Odisha 2024? Know the Benefits, Eligibility, and Required Documents

Odisha Government has introduced another new scheme SWAYAM, where the youth of the state will provided with the interest-free loans to start their small, MSME businesses and take part in enhancing the business environment of the state.

Swatantra Yuva Udyami Scheme (SWAYAM) was launched by the Odisha government for the youth of rural and urban areas of the state. Under this scheme, the government will offer an interest-free loan of up to Rs 1 lakh to all the eligible candidates to start their small businesses. Odisha government has launched various schemes for the youth of the states to empower them with better opportunities to excel in their career goals.

For SWAYAM scheme, Odisha government has allocated the budget in the cabinet, which is around Rs 448 crore.Under the scheme, the government will provided the financial assistance up to Rs 1000 to ration cardholders.

Details of SWAYAM Yojana Odisha 2024

Benefits of the SWAYAM Yojana Odisha, 2024

• Get the financial assistance: Under the scheme the state government will provide Rs 1000 financial aid to the ration card holders, to the eligible candidates.
• This financial assistance will be given to the PDS beneficiary families to to assist them with settling their livelihoods and improve their lifestyles.
• Interest-Free Loan up to Rs 1 Lakh: Under SWAYAM scheme state government will provided with interest free loan upto Rs 1 lakh to youth of the state to start their business.
• It’s an excellent initiative by the government to back young entrepreneurs of the state and help them in establishing their own businesses without stressing over their interests.
• This will encourage the jobless and underemployed young people of urban and rural areas of the state to start their small, MSME businesses and take part in enhancing the business environment of the state.
• Get Loan to expand the business: Youth who are looking forward to grow their business can likewise apply for the loan under the SWAYAM Yojana and expand their business.

Eligibility Criteria for SWAYAM Yojana Odisha, 2024

• Candidate must be a resident of Odisha State.
• Interested candidate should be a ration card holder.
• The age of the interested candidate must be around 18 to 35 years.
• The age limit for 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 want to expand their business can also apply for loan under this scheme.
• The candidates who are working for the state or central government are not eligible for this scheme.

Document required

• PAN Card
• Aadhar Card
• Domicile Certificate
• Caste Certificate,
• Bank Account details,
• Mobile number
• Business details if you want to take loan to expand your business.

How to Apply Online for SWAYAM Yojana Odisha, 2024

• If you want to apply online for the SWAYAM Yojana to registered yourself, then first visit the official website of Swayam Scheme Odisha at https://swayam.odisha.gov.in
• Open the website, on the homepage click on the buttt“Apply Online”.
• Fill in the application form by entering your details like your name, address, mobile number, Aadhar card number, and other required details.
• After that upload all the necessary documents and click on the “Submit” button to complete your registration process.
• By following the above steps, ration cardholders and youth in Odisha can apply online for the Swayam Yojana Odisha 2024.

Effect of Swayam Yojana Odisha on Education

• As a result of the SWAYAM Yojana, enrollment in higher education courses in Odisha has increased dramatically.
• Students those who are who not able to pursue higher education due to financial or geographic limitations previously have been drawn to online learning because of its convenience.
• Due to the addition of skill-based courses, the young of Odisha now have a wider range of talents.
• Employment rates rise because young people with practical skills are better able to adapt to the demands of the labour market.
• By the promotion of digital literacy from the SWAYAM Scheme’s, Students in Odisha have benefited greatly.
• Students those who are complete their courses successfully are awarded certifications that are valuable in the employment market.

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