Mukhyamantri Atmanirbhar Asom Scheme – The Chief Minister of Assam, Dr. Himanta Biswa Sharma, launched the Mukhyamantri Atmanirbhar Asom Scheme in the Cabinet meeting held on 20 September, The Government of Assam is determined to provide employment opportunities to the youth unemployed people of the State, and in this vein the Government is always devising ambitious programs which can help in achieving this goal. The eligibility criteria and other restrictions will be made public on September 23. The online application period will open on September 23, and close on October 31. Read below for details related to the Mukhyamantri Atmanirbhar Asom Scheme like highlights, objectives, loans and repayments Description, implementation, eligibility criteria, required documentation, registration process, and more.
Mukhyamantri Atmanirbhar Asom Scheme 2023
| Scheme Name | Mukhyamantri Atmanirbhar Asom Scheme 2023 |
| Launched By | State Govt. of Assam |
| Objective | Providing financial assistance to Assam citizens |
| Financial Year | 2023-2024 & 2024-2025 |
| Loan Amount | Rs.2,00,000/- |
| Benefit | Rs.10,000/- Stipend in Training Period |
| Opening Date | 23 September 2023 |
| Closing Date | October 2023 |
| Repayment | After 5 years |
What is Mukhyamantri Atmanirbhar Asom Scheme
Mukhyamantri Atmanirbhar Asom Scheme has improved employment opportunities in the latest efforts of the Government of Assam. Financial assistance will be provided through the Mukhyamantri Atmanirbhar Assam (MMAA) scheme. Along with subsidies and interest-free loans to be repaid after five years, the government will also provide financial assistance to 200,000 eligible applicants over two years. 50 lakh stipend. The prize winners will be awarded Rs 10,000 during the training period. Selected grantees will also participate in a one-month training program to develop their management, accounting, and entrepreneurial skills.
Assam Government
Mukhyamantri Atmanirbhar Asom Scheme Objectives
The Mukhyamantri Atmanirbhar Asom Scheme aims to connect 200,000 eligible persons within the next two years. The first phase will focus on helping 100,000 people in FY 2023-2024, and the second phase will help another 100,000 people in FY 2024-2025. This bold scheme demonstrates the Government’s commitment to reduce unemployment and promote economic development in Assam.
Mukhyamantri Atmanirbhar Asom Scheme Loan & Repayment
The Assam Atmanirbhar Scheme will help 200,000 people in the next two years. 1 lakh awardees will receive Rs 1 lakh in FY 2023–2024 and Rs 2 lakh in the following financial year, depending on performance. No interest will be added to the principal as the loan is with government funds Beneficiaries will not be required to deposit the loan until five years have passed The duration of the loan or the repayment period is not yet known. To improve their management, accounting, and business skills, selected applicants will also participate in a one-month training program.
Mukhyamantri Atmanirbhar Asom Scheme Implementation
Without a well-planned strategy, the Mukhyamantri Atmanirbhar Asom Scheme cannot be implemented properly. An online registration site designed to streamline the process will be launched on September 23, 2023. Interested parties will be able to submit their information and find out whether they are eligible for the program on the website, which will serve as the primary destination. The project will also ensure that potential entrepreneurs are informed of the limitations and scope of the initiative by providing comprehensive information on qualifying activities.
Mukhyamantri Atmanirbhar Asom Scheme Eligibility
The eligibility for the Mukhyamantri Atmanirbhar Asom Scheme have not yet been announced. The eligibility and other restrictions will be announced on September 23, 2023. Only 200,000 people will have special needs to avail the scheme. We will update this site on September 23, 2023 when the eligibility conditions for Mukhyamantri Atmanirbhar Asom Scheme will be officially announced.
Mukhyamantri Atmanirbhar Asom Scheme Documents
- Aadhaar card
- PAN card
- Business Address
- Business Entity Name
- Services offered in the business.
- Business details and paperwork.
Mukhyamantri Atmanirbhar Asom Scheme Training Program
The selected participants will receive a stipend of Rs.10,000 in exchange for participation in the one-month training programme. The training program will enhance management, accounting and entrepreneurial skills. Candidates should be able to attend classes at an academic or skill-training institution of their choice.
Mukhyamantri Atmanirbhar Asom Scheme Registration Procedures
Recently, the Government of Assam has introduced the Mukhyamantri Atmanirbhar Asom Scheme. The government has not yet published an official website for this; However, the government will do so soon. We will update this post as new updates to this plan arrive.
Freequently Asked Questions
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What is the Mukhyamantri Atmanirbhar Asom Scheme 2023?
The Mukhyamantri Atmanirbhar Asom Scheme is a government initiative by the State Government of Assam aimed at providing financial assistance and employment opportunities to the citizens of Assam. It offers subsidies, interest-free loans, and stipends for training to eligible applicants.
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What are the objectives of the Mukhyamantri Atmanirbhar Asom Scheme?
The primary objectives of the scheme are to connect 200,000 eligible individuals in Assam over two years, reduce unemployment, and promote economic development in the state.
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What is the loan amount and repayment terms under this scheme?
Beneficiaries can receive loans of up to Rs. 2,00,000/-. No interest will be added to the principal, and the loan repayment begins after five years.
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How will the Mukhyamantri Atmanirbhar Asom Scheme be implemented?
The scheme will be implemented through an online registration process, with a dedicated website launching on September 23, 2023. Interested individuals can check their eligibility and apply on the website.
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What are the eligibility criteria for the scheme?
The eligibility criteria have not been announced yet. Details regarding eligibility and other restrictions will be made public on September 23, 2023.
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What documents are required for the Mukhyamantri Atmanirbhar Asom Scheme application?
Applicants are likely to need documents such as Aadhaar card, PAN card, business address, business entity name, details of services offered in the business, and other relevant business documents.
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What is the Mukhyamantri Atmanirbhar Asom Scheme Training Program?
Selected participants in the scheme will receive a stipend of Rs. 10,000 during a one-month training program. This program aims to enhance their management, accounting, and entrepreneurial skills, and participants can choose an academic or skill-training institution for the training.
