![Odisha’s SWAYAM Scheme Offers Interest-Free Loans to Jobless Youths Odisha’s SWAYAM Scheme Offers Interest-Free Loans to Jobless Youths](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgLwyWia2Bx23eZAXWfBCF7cS4r0etQXP-GvF0p5yLBEJ0dy1w4sxJNXkpujNXgMmmr6l5x-GvnLfyyZ9KoFIkA7rQk5_zNxMNZSJCeUQfmiH1uoUpsiV4mslAxH5Dow83ffraKhUwEWWM76t1fZGkkIc33Aq2bUy72zpkc4b4oRI8C-X9lFt-OwFh9epO0/w320-h192-rw/Copy%20of%20Copy%20of%20Copy%20of%20Untitled%20(500%20%C3%97%20300%20px)%20(500%20%C3%97%20280%20px)%20(500%20x%20300%20px)%20(18).png)
- Here are some key features of the Swayam Scheme:
- Financial Assistance for Ration Cardholders: The scheme provides Rs.1,000 livelihood assistance to 95.90 lakh PDS beneficiary families. This is aimed at supporting financially vulnerable individuals in the state.
- Interest-Free Loans for Youth: 1 lakh eligible rural and urban youth (18-35 years) can apply for loans up to Rs.1 lakh. This encourages entrepreneurship and the establishment of small businesses.
- Total Budget: The scheme allocates a total budget of Rs.1,237.74 crore to benefit Odisha residents.
- The application process for the Swayam Scheme is online.
- Eligible individuals need to navigate to the authorized website of the Swayam Scheme in Odisha, complete the application form, attach all the essential documents, and submit their registration.
- The eligibility criteria include permanent residency in Odisha, possession of a valid ration card, and youth aged between 18 to 35 years are eligible for the loan scheme.
Question:
Q.1 What is the total budget allocated for the Swayam Scheme?a. Rs.1,000 crore
b. Rs.1,237.74 crore
c. Rs.2,000 crore
d. Rs.3,000 crore