Swayam Scheme Odisha 2024 Apply Online, Eligibility, Objectives and Benefits

Swayam Scheme Odisha The Swayam Yojana, an initiative that provides interest-free loans up to Rs 1 lakh to young people in the state who are unemployed and ambitious business owners, was recently approved by the Odisha government. Supporting enterprises, empowering people in provincial ranges, and advancing finances are the goals of this effort.

The SWAYAM Plot Odisha 2024 reflects the government’s dedication to encouraging business development and offering chances for lucrative jobs in locations where access to retailers may be constrained. All things considered, this is a constructive step towards combating unemployment and advancing Odisha culture’s self-sufficiency.

Swayam Scheme Odisha 2024

Before the next elections, the Odisha government intends to introduce a ground-breaking programme known as Swatantra Yuva Udyami (SWAYAM). Offering interest-free bank advances up to Rs one lakh, this programme aims to inspire young people in the coastal state to start their own businesses.

To assist jobless youngsters aged 18 to 35 in starting new businesses or growing existing ones, the government is seriously contemplating extending interest-free bank loans up to Rs 1 lakh to qualified applicants. Chief Secretary PK Jena declared on Monday that the state Cabinet, headed by Chief Minister Naveen Patnaik, has approved the proposal. The government has allocated Rs 448 crore from its reserves to implement this strategy.

Swayam Scheme Odisha 2024 Overview

 Scheme  Swayam Scheme Odisha 2024
 Started In Which   State  Odisha
 Started By  By Odisha State Government
 Beneficiary  Unemployed youth of the state between 18 years to 35 years
 Benefits  Providing loan of Rs 01 lakh to unemployed youth to start their         own business
 Application Mode  Online
 Start Date  12 February 2024
 Loan Amount  01 Lakh Rupees
 Official Website Click Here


Objective Of Swayam Scheme Odisha 2024

The state Cabinet accepted 26 proposals during the meeting that Chief Serve Naveen Patnaik presided over on Monday at Lok Seva Bhawan in this city. Young adults in provincial areas who meet the eligibility requirements can apply for up to Rs 1 lakh in advances under SWAYAM or Swatantra Yuva Udyami to launch or expand their companies.

Interest-free bank loans up to Rs. 1 lakh will be provided to young people who want to start or expand a trade and who are unemployed in rural areas or who do not have any exceptional credits from any Central or state government-sponsored plans within the age range of 18–35 years (18–40 years for the uncommon category).

Benefits of Swayam Yojana Odisha

  • Between the ages of 18 and 35, the state will provide interest-free loans up to Rs 1 lakh to jobless teenagers from low-income households.
  • With the financing provided, the children of the state would be able to start their own modest enterprises and profit handsomely.
  • The state’s unemployment rate will drop, and there will be more job opportunities.
  • The state’s youth loan amount would be deposited into the bank accounts of the eligible youngsters.
  • The young of the state will benefit financially from the loans, which have no interest of any kind.

Eligibility Criteria Of Swayam Scheme Odisha 2024

  • Youth who live in the state of Odisha permanently are eligible to receive benefits from this project.
  • The applicant should be a young person between the ages of 18 and 35.
  • The youthful applicant shouldn’t already have any outstanding debts of any kind.
  • The child should have all the documentation needed to submit an application for this programme.

Required Documents Of Swayam Scheme Odisha 2024 Registration

  1. Aadhaar Card
  2. Ration card
  3. PAN card
  4. Mobile number
  5. Passport size photo
  6. Address proof
  7. Bank passbook

How to Apply Online For Swayam Scheme Odisha 2024?

  • Visit the Official website for the recently published scheme, swayam.gov.in.
  • On the homepage, click the Apply Online button.

  • When a new page appears, fill it out with all the information required for the Swayam Scheme.
  • The Odisha application is available.
  • Now upload each and every required file.

  • Click the “Submit” button right now.
  • In this way, you can apply online for the Swayam Scheme Odisha.

Loan Amount Of Swayam Scheme Odisha 2024

In Odisha’s 2024 Swayam Scheme, young people (18-35) without jobs and facing money problems can get up to Rs 1 lakh loan without interest. This helps them start businesses or learn new skills. The government wants to support youth, reduce unemployment, and make it easier for them to succeed. It’s a positive step for a better future in Odisha.

FAQs : Swayam Scheme Odisha2024

1. What is the Swayam Scheme in Odisha 2024?
The Swayam Scheme in Odisha 2024 is a program designed to assist unemployed young individuals (18-35 years old) facing economic challenges by providing interest-free loans up to Rs 1 lakh.
2. Who is eligible for the Swayam Scheme?
Individuals aged 18 to 35 in Odisha who are unemployed and economically disadvantaged are eligible for the Swayam Scheme.
3. How much loan can one get under the Swayam Scheme?
Beneficiaries can receive loans up to Rs 1 lakh under the Swayam Scheme.
4. Is there any interest charged on the loans provided by the Swayam Scheme?
No, the Swayam Scheme offers interest-free loans, relieving recipients from the burden of paying additional interest.
5. What is the purpose of the Swayam Scheme?
The Swayam Scheme aims to support young people in Odisha by offering financial assistance, fostering entrepreneurship, skill development, and addressing economic challenges.
6. How does the Swayam Scheme contribute to reducing unemployment?
By providing interest-free loans, the Swayam Scheme encourages beneficiaries to start businesses or acquire new skills, thereby creating opportunities for economic empowerment and reducing unemployment.
7. How can one apply for the Swayam Scheme?
Details about the application process for the Swayam Scheme can be obtained from relevant government authorities or through designated application channels.
8. What is the significance of the Swayam Scheme for the youth in Odisha?
The Swayam Scheme holds significance as a positive step taken by the government to empower the youth, promote self-reliance, and pave the way for a brighter future by addressing unemployment and financial challenges in Odisha.


Share your thoughts on the Swayam Scheme Odisha 2024 Apply Online, Eligibility, Objectives and Benefits in the comments below. Stay tuned to sevakyojana.com for updates. Like and share this post with friends on social media. Subscribe for more updates.
If you enjoyed this post, please share it on your social media and with friends. Subscribe for more updates. Thanks for reading till the end!

Leave a Comment