SWAYAM Scheme: Odisha To Provide Interest-Free Loans To Unemployed Youths:

SWAYAM Scheme: Odisha To Provide Interest-Free Loans To Unemployed Youths:

Daily Current Affairs   /   SWAYAM Scheme: Odisha To Provide Interest-Free Loans To Unemployed Youths:

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Category : National Published on: February 16 2024

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  • Odisha government has decided to provide interest-free loans up to Rs 1 lakh to youth of the state under the new government scheme 'Swayam.'
  • Under the scheme, the state government will provide interest-free bank loans up to Rs 1 lakh to the unemployed youths in the age group of 18-35 years in both rural and urban areas in Odisha.
  • The state government has planned to cover at least 1 lakh rural youths under the scheme in two years. It will spend Rs 448 crore for this purpose.
  • The new scheme will be known as SWAYAM (U) in urban areas.
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