(SWAYAM) Odisha Swatantra Yuba Udyami Yojana 2024 Registration, Apply Online, Eligibility, Benefits

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The government of Odisha state has started Odisha Swatantra Yuba Udyami Yojana 2024 to provide an amount of Rs 01 lakh without loan to the unemployed youth of urban and rural areas of the state to get self-employment. Through this scheme, unemployed youth of the state will get employment opportunities which will reduce the unemployment rate in the state. Today through this article we will tell you about Odisha Swatantra Yuba Udyami Yojana 2024 Registration, Apply Online, Eligibility, Benefits, Etc. If we provide complete information about it, then stay connected with this article till the end and get complete information about (SWAYAM) Odisha Swatantra Yuba Udyami Yojana 2024.

(SWAYAM) Odisha Swatantra Yuba Udyami Yojana 2024

Odisha Swatantra Yuba Udyami Yojana 2024 has been started by the Odisha state government for the unemployed youth of urban and rural areas of the state. Through this scheme, interest-free loans of up to Rs 1 lakh will be provided to the eligible unemployed and underemployed youth of the state to start their own business, so that the youth of the state will be able to earn a good income by starting their own business. In the first phase of this scheme, the Odisha state government will provide interest-free loans to 01 lakh youth of the state, for which a big budget of Rs 448 crore has been announced. To avail of the benefits under this scheme, the eligible youth will have to Odisha Swatantra Yuba Udyami Yojana 2024 Apply Online, which will be started after the release of the official website.

Key Details Of Odisha Swatantra Yuba Udyami Yojana 2024

Name Of Scheme Swatantra Yuba Udyami Yojana
Started In Which State Odisha
Started By By Odisha State Government
Objective To provide interest-free loans to the unemployed youth of the state to start self-employment.
Beneficiary Unemployed youth from urban and rural areas of the state
Loan Amount 01 Lakh Rupees
Application Mode Online
Year 2024
Official Website Available Soon

Objective Of Odisha Swatantra Yuba Udyami Yojana

The main objective of starting Odisha Swatantra Yuba Udyami Yojana 2024 started by the government of Odisha state is to provide a loan of Rs 01 lakh without interest to the unemployed youth of urban and rural areas of the state so that the unemployed youth can start their own business. So that the unemployment rate in the state can be reduced.

Benefits Of Odisha Swatantra Yuba Udyami Yojana 2024

The details of the benefits that the youth of the state will get from the Swatantra Yuba Udyami Yojana started in the state of Odisha are as follows.

  1. Under this scheme, Rs 1 lakh will be provided without interest to the unemployed youth of the state to start a business.
  2. Unemployed youth of the state will be able to start their own business which will increase employment opportunities in the state and reduce the unemployment rate.
  3. The interest charged on the loan amount provided will be borne by the state government.
  4. In addition to the 85% loan guarantee already provided to micro and small firms under the scheme, the State Government will also provide a 15% loan guarantee through the Credit Guarantee Fund Trust for Micro and Small Enterprises.
  5. Loans will be provided under this scheme to the youth of both urban and rural areas of the state.

Eligibility Criteria Of Odisha Swatantra Yuba Udyami Yojana 2024

For the Swatantra Yuba Udyami Yojana started in the state of Odisha, the state government has set some eligibility for the youth, the details of which are as follows.

  1. The youth applying must be natives of Odisha state.
  2. The age of the applicant youth should be between 18 years to 35 years.
  3. Applicants can be both male and female.
  4. The age limit for youth belonging to Scheduled Tribes and disabled groups has been fixed at 40 years.
  5. The youth applying should not already be a defaulter in any type of loan.
  6. Youth who have already received loans under any scheme will not be eligible for this scheme.
  7. Under this scheme, a loan will be provided to only one member of a family.
  8. All the youth applying should have all the required documents to apply.
  9. Unemployed youth from both urban and rural areas of the state are eligible to get benefits under this scheme.

Required Documents Of Odisha Swatantra Yuba Udyami Yojana 2024 Registration

The details of the important documents required by the eligible youth of the state for Odisha Swatantra Yuba Udyami Yojana 2024 Online Registration are as follows.

  1. Aadhaar card
  2. PAN card
  3. passport size photo
  4. mobile number
  5. bank passbook
  6. Address proof
  7. income certificate
  8. age certificate
  9. mail id
  10. academic documents

Process Of Odisha Swatantra Yuba Udyami Yojana 2024 Apply Online

Odisha Swatantra Yuba Udyami Yojana 2024 Apply Online will be started after the release of the official website for this scheme, the step-by-step description of the entire process is as follows.

  1. Visit the official website released for the scheme.
  2. On the home page, click on the link to Apply Online.
  3. The Odisha Swatantra Yuba Udyami Yojana Application Form will open in front of you on the new page.
  4. Enter all the required details correctly in this application form and upload all the required documents.
  5. Now click on the submit option.
  6. In this way, you will be able to easily Odisha Swatantra Yuba Udyami Yojana Apply Online.
Official Website Available Soon
For Latest Updates Yojanaregistration.co.in

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