Testbook Logo
ExamsSuperCoachingLive ClassesFREETest SeriesPrevious Year PapersSkill AcademyPassPass ProPass Elite Rank PredictorIAS PreparationPracticeGK & Current AffairsDoubtsBlog
Pass Pro Max logo

FREE

Download the Testbook App,

For FREE 7 days of
Pass Pro Max!

Exams
Tests
SuperSuper
SuperPass
logo

Swami Vivekananda Yuva Shakti Yojana: Unleashing the Power of India's Y

India, the country with one of the world's largest youth populations, holds the potential to surge towards unprecedented socio-economic growth. Emphasizing this potential, the Swami Vivekananda Yuva Shakti Yojana is an ambitious initiative geared to empower India's youth, paving the way for a brighter tomorrow.

In this article, learn about the Swami Vivekananda Yuva Shakti Yojana in detail. Also learn about its objective, vision and impact here.

Aspiring UPSC IAS exam candidates must give utmost importance to this article. To enhance your academic support, you can also consider joining UPSC coaching.

Supercoaching Logo

PDF icon
Study Plan Illustration

Swami Vivekananda Yuva Shakti Yojana: Overview 

Named after the iconic philosopher and youth icon, Swami Vivekananda, the Swami Vivekananda Yuva Shakti Yojana aims to stimulate a fresh wave of energy among India's young populace. Inspired by Swami Vivekananda's vision of youth empowerment, this scheme represents the central government's commitment to nurturing young talents, equipping them with the necessary resources and opportunities to contribute meaningfully to the country's development.

Learn about Young Bengal Movement here.

Objective and Vision

The Swami Vivekananda Yuva Shakti Yojana is dedicated to fostering a vibrant entrepreneurial culture among India's youth. The scheme focuses on:

  • Fostering an enabling environment for youth entrepreneurship.
  • Empowering them with necessary skills and knowledge.
  • Providing financial assistance for start-up projects.
  • Facilitating the growth of youth-led businesses, consequently leading to job creation.

Also learn about National Skills Qualifications Framework here.

Promo Banner

UPSC Beginners Program

Get UPSC Beginners Program - 60 Days Foundation Course SuperCoaching @ just

500000
🪙 Your Total Savings ₹50000

Want to know more about this Super Coaching ?

People also like

Public Administration optional by Rahul Sharma Sir

Public Administration optional by Rahul Sharma Sir

30000(59% OFF)

12500 (Valid for 15 Months)

Hindi Literature Optional (UPSC Mains) by Prachi Choudhary Ma'am

Hindi Literature Optional (UPSC Mains) by Prachi Choudhary Ma'am

33000(73% OFF)

9000 (Valid for 15 Months)

PSIR Optional (UPSC Mains) by Kiran Anishetty Sir

PSIR Optional (UPSC Mains) by Kiran Anishetty Sir

30000(40% OFF)

18000 (Valid for 15 Months)

Swami Vivekananda Yuva Shakti Yojana: Eligibility and Application Process

To avail of the benefits of Swami Vivekananda Yuva Shakti Yojana, applicants should:

  • Be an Indian citizen.
  • Be between the ages of 18 to 35.
  • Have a clear business plan with a focus on job creation.
  • Not be a defaulter in any other government scheme.

Applications can be submitted through the official portal dedicated to this scheme.

Learn about Maharashtra State Skill Development Society here.

Financial Assistance under Swami Vivekananda Yuva Shakti Yojana

The scheme provides financial assistance to the selected projects in the form of:

  • Capital subsidy up to 25% of the project cost.
  • Interest subsidy at 5% per annum for a maximum period of 7 years.

It also offers additional support for projects related to green technology, social entrepreneurship, and women entrepreneurs.

Learn about Pradhan Mantri Gram Sadak Yojana here.

Swami Vivekananda Yuva Shakti Yojana: Impact

The impact of the Swami Vivekananda Yuva Shakti Yojana is manifold, spanning various domains:

  • Economic Development: By supporting youth-led enterprises, the scheme contributes to the country's economic growth and job creation.
  • Skill Enhancement: It encourages skill development and fosters an entrepreneurial spirit among India's youth.
  • Social Empowerment: The scheme promotes social inclusion by giving priority to projects from marginalized sections of society.

Testbook provides comprehensive notes for various competitive exams. To study more topics for UPSC, download the Testbook App now.

Swami Vivekananda Yuva Shakti Yojana FAQs

Report An Error

Open this in:

Testbook LogoTestbook App
ChromeChrome