Mukhyamantri Atmanirbhar Asom Scheme launched by the Chief Minister of Assam
Tags: Government Schemes
Mukhyamantri Atmanirbhar Asom Scheme is a government initiative launched by the Chief Minister of Assam, Dr. Himanta Biswa Sarma.
An Overview of the News
Mukhyamantri Atmanirbhar Asom Scheme aims to provide employment opportunities and financial assistance to the unemployed youth of the state.
Its primary goal is to connect 2 lakh eligible individuals in two years, with a focus on assisting 1 lakh people in the financial year 2023-2024 and another 1 lakh people in the financial year 2024-2025.
The eligibility standards and other restrictions will be made public on September 23, 2023, when the scheme officially launches.
The scheme will have an online registration portal launched on September 23, 2023.
Mukhyamantri Atmanirbhar Asom Scheme: Financial assistance for 2 lakh recipients with interest-free loan and training:-
Assam Atmanirbhar Yojana aims to provide assistance to 2 lakh individuals in the next two years.
In the financial year 2023-2024, 100,000 recipients will receive an amount of Rs 1 lakh, and an additional 100,000 will receive the same amount in the next financial year, depending on their performance.
Since the loan is funded by the government, no interest will be charged on the principal amount.
Beneficiaries are not required to repay the loan for a period of five years. The specific loan tenure and repayment schedule have not yet been determined.
Selected applicants will undergo a one-month training program to enhance their skills in management, accounting, and business.
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