Chief Minister's Jeevan Jyoti Swaniyojan Yojana

What is Chief Minister's Jeevan Jyoti Swaniyojan Yojana?

The Chief Minister's Jeevan Jyoti Swaniyojan Yojana is a self-employment scheme initiated by the Government of Assam. The primary objective of the scheme is to provide avenues of self-employment to educated unemployed youth in Assam.

Benefit

1. Self-Employment: The scheme provides avenues for self-employment to the educated unemployed youth in Assam. 2. Institutional Credit: Youth can access institutional credit from nationalized banks, financial institutions, or organizations for their entrepreneurial ventures. 3. Diversified Sectors: The scheme covers a wide range of sectors, offering employment opportunities in agriculture, horticulture, fisheries, handloom, textiles, poultry farming, and more. 4. Financial Support: The state government provides financial support to the implementing agency for training, skill upgradation, technology, market promotion, infrastructure support, and management of economic infrastructure. 5. Margin Money/Subsidy: The government provides margin money/subsidy on a 50% basis of the project cost against the sanctioned loan, with a maximum subsidy of Rs. 1.60 lakhs for a joint liability group of a minimum of four members.

Level

State — Assam

Ministry / Dept.

Skill, Employment & Entrepreneurship Department

Benefit type

cash

Key eligibility

1. Age: The applicants should be within the age group of 18-37 years. 2. Education: The minimum educational qualification is completely up to the 10th standard. However, for women undertaking schemes in handloom and sericulture, the minimum educational qualification is relaxed up to Class V. In the

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Benefits

1. Self-Employment: The scheme provides avenues for self-employment to the educated unemployed youth in Assam. 2. Institutional Credit: Youth can access institutional credit from nationalized banks, financial institutions, or organizations for their entrepreneurial ventures. 3. Diversified Sectors: The scheme covers a wide range of sectors, offering employment opportunities in agriculture, horticulture, fisheries, handloom, textiles, poultry farming, and more. 4. Financial Support: The state government provides financial support to the implementing agency for training, skill upgradation, technology, market promotion, infrastructure support, and management of economic infrastructure. 5. Margin Money/Subsidy: The government provides margin money/subsidy on a 50% basis of the project cost against the sanctioned loan, with a maximum subsidy of Rs. 1.60 lakhs for a joint liability group of a minimum of four members.

Eligibility

Documents Required

How to Apply

1. Step 1: Offline application — step 1

   1. Applicants can submit their applications to the implementing agency, the State Institute of Panchayat Development (SIPRD) Assam.

2. Step 2: Offline application — step 2

   2. The selection of eligible youth will be done through a block-level selection committee comprising the Block Development Officer, President of Gaon Panchayat/VCDC, Bank branch manager, and representative of SIRD, Assam.

3. Step 3: Offline application — step 3

   3. In semi-urban/urban areas, the selection will be finalized by the bank, field office of SIRD, and Jt. Director of SIRD after field verification.

4. Step 4: Offline application — step 4

   4. Financial assistance through institutional credit is provided up to Rs. 6.00 lakhs, depending on creditworthiness and the group members' situation and condition.

Sources & References

• Official scheme website ↗
• Source record ↗
• Information is summarised from official government sources. Verify all details on the official website before applying.