Atmanirbhar Assam 2024 – 2 Lakh Rupees to 2 Lakh Beneficiaries

Unlocking Opportunities: Atmanirbhar Assam 2024 Initiative to Benefit 2 Lakh Aspiring Entrepreneurs

In a momentous decision taken during the cabinet meeting on September 12, 2023, the Assam government unveiled the blueprint for the “Mukhya Mantri Atmanirbhar Asom” initiative. This visionary program seeks to invigorate employment prospects by nurturing the emergence of new entrepreneurial ventures throughout the state. The guidelines for this initiative present a comprehensive strategy to empower aspiring entrepreneurs, offer them financial support, and equip them with the requisite skills to thrive in their business ventures. In this article, we will delve into the pivotal elements of this initiative, including beneficiary coverage, financial aid, and implementation strategies.

Atmanirbhar Assam 2024- Overview

Atmanirbhar Scheme Overview

Scheme Title: Mukhya Mantri Atmanirbhar Asom

Type: Financial Assistance Program

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Financial Years: 2024-2024 and 2024-2025

Implementing Authority: Government of Assam

Number of Beneficiaries: 2 Lakh Beneficiaries Over Two Years

Financial Support: Up to 5 Lakh Rupees, Disbursed in Two Installments

Launch Date: September 23, 2024

Targeted Sectors of Atmanirbhar Scheme

Following sectors will be basically targeted under Mukhyamantrir Atmanirbharshil Asom Abhiyan.

Eligibility Criteria for Atmanirbhar Scheme

To participate in the Atmanirbhar Assam 2024 initiative, individuals must meet specific eligibility criteria:

1. Residency: Beneficiaries must be permanent residents of Assam.
2. Age: Applicants should be between 18 to 40 years old.
3. Age Relaxation: Upper age relaxation will be 3 years for OBC, SC and ST candidates.
4. Educational Qualification: To be eligible for this scheme, applicants must have a minimum qualification of passing Class 10. Candidates from the OBC, SC, and ST communities must have completed at least up to Class 10 to meet the eligibility criteria for this scheme.
5. Skill Qualification: Beneficiaries should possess the necessary skills and knowledge, which may be acquired through ITI or Diploma programs, to engage in income-generating activities.
6. Loan History: Applicants must not have a history of loan defaults.
7. Government Service: Eligible candidates should not come from families with government service holders or pensioners.
8. Income: Only candidates classified under the Below Poverty Line (BPL) category are eligible.
9. Family: Only one member per family can avail of this scheme.
10. Employment Exchange: Beneficiaries must have been registered with the Employment Exchange before April 1, 2024, to qualify.

Beneficiary Inclusion

The Mukhya Mantri Atmanirbhar Asom initiative has set an ambitious goal of reaching out to 2 lakh eligible beneficiaries over the course of the next two years. The initial phase is dedicated to supporting 1 lakh individuals during the fiscal year 2024-24, followed by an additional 1 lakh in the fiscal year 2024-25. This bold approach underscores the government’s unwavering commitment to combat unemployment and foster economic growth across Assam.

Financial Aid Structure

A standout feature of this initiative is its innovative approach to providing financial support to budding entrepreneurs. Eligible beneficiaries will receive a combination of a government grant and an interest-free government loan. This financial assistance is meticulously designed to facilitate the establishment of micro-enterprises and service units. Significantly, the loan component will be repayable over a reasonable five-year period, offering entrepreneurs the flexibility and support required to launch their businesses successfully.

Skill Enhancement

To ensure the success of the Mukhya Mantri Atmanirbhar Asom initiative, selected beneficiaries will undergo a one-month training program. This training, conducted in collaboration with esteemed educational and skill training institutions, will emphasize the enhancement of critical skills such as entrepreneurship, management, and accounting. In recognition of their dedication, trainees will receive a stipend of ₹10,000 during the training period. This investment in skill development is poised to empower beneficiaries with the knowledge and expertise essential for running their businesses efficiently.

Streamlined Implementation

The effective implementation of the Mukhya Mantri Atmanirbhar Asom initiative hinges on a well-structured plan. To streamline the process, a dedicated registration portal will be launched on September 23, 2024. This portal will serve as the central hub for interested individuals to submit their details and assess their eligibility for the program. Additionally, it will provide comprehensive information on eligible activities, ensuring that potential entrepreneurs are well-informed about the initiative’s scope and requirements.

How to Apply for Atmanirbhar Scheme

Candidates meeting all the requisite eligibility criteria, as outlined in the official notification, will be able to submit their applications online through the official web portal before the application deadline. The application process is exclusively online, and no other submission method is accepted. For the convenience of applicants, we have provided a step-by-step online application guide below:

1. Scroll down and access the Important Link section.
2. Click on the Online Application Link.
3. A new browser tab will open, displaying the official web portal.
4. Register your profile on the portal.
5. Provide all the required details.
6. Upload the necessary documents.
7. Upon successful completion of all steps, your application will be submitted.
8. You will receive an acknowledgment copy of your submission, which should be retained for future reference.

Documents to Upload in CMAAA Portal

Applicants need to upload following documents to complete the online registration process of the Mukhyamantrir Atmanirbharshil Asom Abhiyan. Hence, all are requested to keep these documents ready during the registration process.

Important Dates of Mukhyamantrir Atmanirbharshil Asom Abhiyan

Important Links of Atmanirbhar Scheme

Official CMAAA Portal

Footnote

As a whole, the Mukhyamantrir Atmanirbharshil Asom Abhiyan aligns with the larger national initiative in India, known as “Atmanirbhar Bharat” or “Self-Reliant India,” which aims to make the country self-sufficient and resilient across various sectors.

The initiative is aimed at promoting self-reliance and self-sufficiency among the people of Assam by focusing on various sectors such as agriculture, small scale industry, service sector and rural economy. The goal is to boost economic development, create employment opportunities, and improve the overall socio-economic conditions of the state.

Conclusion

In conclusion, the Mukhya Mantri Atmanirbhar Asom initiative signifies a monumental stride in Assam’s endeavors to foster entrepreneurship, create employment opportunities, and fortify economic progress. Targeting 2 lakh beneficiaries over the next two years, with a blend of grants and interest-free loans, and a strong emphasis on skill augmentation through training, the government is actively empowering its populace to attain self-sufficiency and contribute to the state’s prosperity. With the imminent launch of the registration portal on September 23, 2024, aspiring entrepreneurs in Assam are presented with a concrete opportunity to convert their aspirations into flourishing businesses, thus paving the way for a brighter future for themselves and their communities.

Disclaimer: The information provided in this article is for reference purposes only and should not be considered official. For authentic and official information concerning the Mukhya Mantri Atmanirbhar Asom initiative or any government programs, kindly visit the official website of the Government of Assam at https://assam.gov.in/. Official government sources should be consulted for accurate and up-to-date details, eligibility criteria, application procedures, and other official announcements.