Register on swayam.odisha.gov.in for Enrollment in the Swayam Scheme

Registration on swayam.odisha.gov.in: Odisha Government Launches Odisha Swayam Yojana 2024, Providing Interest-Free Bank Loans to Unemployed Rural Individuals aged 18-35 (or 18-40 for specific groups) for Establishing New Ventures. The initiative aims to foster lucrative self-employment initiatives for 50,000 urban youths. Explore the details in the article for swayam.odisha.gov.in Registration to Apply for the Swayam Scheme.

swayam.odisha.gov.in Registration 2024

swayam.odisha.gov.in Registration 2024: The Odisha government recently unveiled the Odisha Swayam Yojana 2024. This initiative provides interest-free bank loans, up to Rs 1 lakh, to aspiring entrepreneurs aged 18-35 (or 18-40 for specific categories) to kickstart their new ventures. This scheme bears resemblance to the Pradhan Mantri MUDRA Yojana (PMMY), a nationwide initiative launched in April 2015, enabling small and micro-enterprises that are neither corporate entities nor farms to borrow up to ten lakh rupees.”

Odisha Swayam Scheme Registration Details in Highlights

Scheme Name: Swayam Odisha Registration
Launched by: Odisha Government
Objective: Providing financial assistance to emerging entrepreneurs
Beneficiaries: Individuals in the age group of 18 to 35 aspiring to start businesses
Mode: Online
Budget: Rs 448 crore
State: Odisha
Official Website: https://swayam.odisha.gov.in/

Objectives of Swayam Scheme

The Odisha government has given its approval for a new initiative named SWAYAM, which aims to provide interest-free loans to the youth in the state. Through this governmental initiative, young individuals will have the opportunity to establish small and medium-sized enterprises (MSMEs), thereby enhancing the economic landscape of the state. The program aims to cover 50,000 urban youths within a two-year timeframe, with the potential for extension based on government discretion. The H&UD Department will set district-specific targets, which will be allocated to eligible institutions in each district by the SLBC.

Benefits of Swayam Scheme Odisha

1. The Odisha Swayam Scheme 2024 aims to provide interest-free loans of up to Rs 1 lakh to aspiring entrepreneurs.
2. The Odisha government has allocated a budget of approximately Rs 448 crore for the program, as approved by the cabinet.
3. Ration cardholders are eligible to receive financial assistance from the government, with a maximum limit of Rs 1000 under this scheme.
4. The program specifically targets urban youth aged between 18 and 35, with an extension up to 40 for those falling under the Special Category (SC, ST, PwD, or Transgender). Its objective is to offer financial support for establishing profitable microenterprises or self-employment ventures aligned with their skills, training, aptitude, and local conditions.
5. Support will be provided in the form of convenient access to bank loans accompanied by interest subsidies.
6. The initiative encourages unemployed or underemployed youth in urban areas to initiate small-scale businesses in manufacturing, services, and other sectors where there is a significant local demand.

Documents Required

1. PAN Card
2. Caste Certificate
3. Domicile Certificate
4. Aadhar Card
5. Bank Account details
6. Mobile number
7. Business details (if applicable, especially if seeking a loan to expand the business)

 Eligibility Criteria to Apply for Swayam Scheme

The eligibility criteria for the Swayam Scheme ensure that its benefits are accessible to those who meet specific requirements. The following are the conditions for eligibility:

1. Applicants need to be permanent residents of the Odisha state.
2. Candidates must fall within the age bracket of 18 to 35 years, with an extended limit of 40 years for special categories such as SC, ST, PwD, and transgender individuals.
3. Applicants must be residents of urban areas.
4. The scheme is specifically designed for unemployed youth.
5. Additional criteria involve having an annual income below Rs 3 lakh or being covered by the BSKY Scheme.
6. To qualify for the program, candidates must possess a UDYAM registered or UDYAM supported number.

To register for the Odisha Swayam Scheme and navigate the login process, follow the step-by-step guide outlined below:

Registration Process:

1. Visit the official website of the Odisha Swayam Scheme at ‘https://swayam.odisha.gov.in/’.
2. Choose the “Registration” option to initiate your application for the scheme.
3. Input your personal details in the application, including your:

• Name
• Address
• Phone number
• Aadhar card number
• Ration card number
• PAN card number

1. Upload the required documents as specified.
2. Submit your application after completing the necessary information.

Applicant Login:

1. Visit the official SWAYAM portal website at ‘https://swayam.odisha.gov.in/’.
2. Click on the login option on the home page.
3. Select “Applicant Login” from the drop-down menu.
4. Enter your Aadhaar or mobile number.
5. Click on the login option to access your applicant account.

State Login:

1. Visit the official SWAYAM portal website at ‘https://swayam.odisha.gov.in/’.
2. Click on the login option on the home page.
3. Choose “State Login” from the drop-down menu.
4. Enter your user ID, password, and captcha code.
5. Click on the sign-in option to log in as a state user.

District Login:

1. Go to the official SWAYAM portal website at ‘https://swayam.odisha.gov.in/’.
2. Click on the login option on the home page.
3. Select “District Login” from the drop-down menu.
4. Enter your user ID, password, and captcha code.
5. Click on the sign-in option to log in as a district user.

BPC/BDO Login:

1. Visit the official SWAYAM portal website at ‘https://swayam.odisha.gov.in/’.
2. Click on the login option on the home page.
3. Choose “BPC/BDO Login” from the drop-down menu.
4. Enter your user ID, password, and captcha code.
5. Click on the sign-in option to log in as a BPC/BDO user.

Bank Login:

1. Go to the official SWAYAM portal website at ‘https://swayam.odisha.gov.in/’.
2. Click on the login option on the home page.
3. Select “Bank Login” from the drop-down menu.
4. Enter your user ID, password, and captcha code.
5. Finally, click on the sign-in option to log in as a bank user.