CURRENT AFFAIRS

Detailed explanation-1: -Known as Swami Vivekananda Assam Youth Empowerment (SVAYEM), it would provide Rs 50, 000 each as seed money to selected youths to start business ventures.

Detailed explanation-2: -Re-SVAYEM Launched In Dima Hasao And Tinsukia District The total amount sanctioned under redesigned Swami Vivekananda Assam youth empowerment scheme for the Dima Hasao district is Rs 5 crore. With the help of this scheme, proper employment opportunities will create in the state in both rural and urban areas.

Detailed explanation-3: -The Assam Swanirbhar Naari Scheme was introduced on July 19, 2022. During the launch of the plan, the CM of Assam, Himanta Biswa Sarma, prioritized the handloom sector, particularly for indigenous weavers. This scheme will assist these individuals to expand their businesses and support their families financially.

Detailed explanation-4: -Swami Vivekananda Assam Youth Empowerment (SVAYEM) Scheme is a flagship program by Govt. of Assam to provide financial support to the youths of Assam to take up income-generating activities in the manufacturing, trading, and service sector. This program was launched in the year 2017.

Detailed explanation-5: -Eligibility Criteria for SVAYEM Scheme Assam 2023 Those who want to apply under this scheme are required to be native of Assam state. Applicant must be over 18 years of age to apply under the scheme. There is no income limit for availing assistance under this Swami Vivekananda Assam Youth Empowerment Scheme 2023.