Mukhya Mantri Atmanirbhar Asom, Benefits, Eligibility, Loan Amount

Dr. Himanta Biswa Sarma, the chief minister of Assam, unveiled the Mukhya Mantri Atmanirbhar Asom program at the Cabinet meeting on September 12, 2023. The Assam administration is driven to provide work prospects for the state’s unemployed young, and it is in this vein that the administration is continually developing ambitious programs that may contribute to this goal. On September 23, 2023, the qualifying and other requirements will be announced. The first day of online applications is September 23, 2023, and the last day is October 2023, at https://assam.gov.in/.

Mukhya Mantri Atmanirbhar Asom

The Assam government’s most recent endeavor to increase employment prospects is the Atmanirbhar Asom Cheme. The Mukhya Mantri Atmanirbhar Asom (MMAA) Scheme would provide financial help. The government would also provide 2 lakh qualifying applicants with financial aid over a two-year period, in addition to subsidies and an interest-free loan that must be repaid after five years. 

The recipients of the prize will get a stipend of Rs. 10,000 for the training term. By means of the Atmanirbhar Asom Scheme, the Assamese government has started a new program to provide job possibilities. A financial contribution will be made under the MMAA (Mukhya Mantri Atmanirbhar Asom) Scheme. Additionally, a one-month training session will be completed by the chosen recipients in order to improve their management, accounting, and entrepreneurial abilities.

assam.gov.in Assam Government Loan and Repayment Details

Over the next two years, the Atmanirbhar Scheme in Assam would help 2 lakh individuals. According to performance, 1 lakh recipients will get 1 lakh rupees in the fiscal year 2023–2024 and a second lakh in the following fiscal year. Given that the loan is government-funded, there won’t be any interest charged on the principal. Only after five years will beneficiaries be required to submit the loan amount. 

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Event Atmanirbhar Scheme Assam 2023
Organization Government of Assam
Scheme Name Mukhya Mantri Atmanirbhar Asom
Scheme Type Financial Assistance
Loan Amount Rs.2,00,000 /-
Financial Year 2023-24 and 2024-25
Start Date 23rd September 2023
Last Date October 2023
Beneficiary grant Rs. 10,000 stipend in training period
Repayment After 5 years
Official Website  https://assam.gov.in/

A new interest-free lending program called the Atmanirbhar Scheme Assam 2023 has been introduced by the Assamese government for 2 lakh participants. The length of the loan or the time required to repay it is not yet specified. Additionally, the selected candidates will participate in a one-month training program to hone their management, accounting, and business abilities. 

Mukhya Mantri Atmanirbhar Asom

How to Apply for the Atmanirbhar Assam Scheme?

To apply for the Atmanirbhar Assam Scheme, follow these simplified steps:

  • Visit the official Assam government website https://assam.gov.in/.
  • Find the Atmanirbhar Assam Scheme section.
  • Check eligibility criteria and required documents.
  • Complete the online application form.
  • Submit the application.
  • Await verification and approval.
  • Receive benefits if approved.

Eligibility of Assam Government Rs.2 Lakh Loan

The Mukhya Mantri Atmanirbhar Asom Scheme’s qualifying requirements have not yet been announced. On September 23, 2023, the qualifying and other requirements will be announced. Since just 2 lakh individuals use this plan, there will be unique requirements. After the formal announcement of the Mukhya Mantri Atmanirbhar Asom Scheme eligibility requirements on September 23, 2023, we’ll update this area.

Mukhya Mantri Atmanirbhar Asom Training Program

The chosen recipients must participate in a one-month training program, for which they will get a stipend of Rs. 10,000. Skills in management, accounting, and entrepreneurship will be improved through the training program. The ability to attend lessons at the chosen educational/skill training institutions is a requirement for applicants.

Beneficiary Coverage of Atmanirbhar Assam 2023

Over the next two years, the Mukhya Mantri Atmanirbhar Asom project seeks to reach 2 lakh qualified people. In the fiscal year 2023–2024, the first phase will concentrate on helping 1 lakh people, and the second phase will help another 1 lakh people in the fiscal year 2024–2025. The government’s dedication to combating unemployment and promoting economic development in Assam is shown by this ambitious strategy.

Documents Needed to Mukhya Mantri Atmanirbhar Asom Scheme

  • Aadhar Card
  • PAN Card.
  • Business Entity Name
  • Address of Business
  • Services Offered in Business.
  • Business Details and Papers.

Atmanirbhar Assam 2023 Implementation

A well-organized strategy is essential for the Mukhya Mantri Atmanirbhar Asom program to be implemented successfully. On September 23, 2023, a special registration site will go live to simplify the procedure. This website will act as the main location where interested parties may submit their information and find out whether they qualify for the program. 

Additionally, it will provide thorough details on activities that qualify, ensuring that prospective entrepreneurs are aware of the initiative’s parameters and scope.

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