Micro Finance Scheme of NMDFC 2026

This Assam government scheme provides financial support to self-employed youth from Tea Tribes and Adivasi communities, helping Read More... them grow their businesses and skills. Read less

Details

Looking for a boost to your self-employment venture in Assam? The Tea Tribes and Adivasi Welfare Department has launched the 'Swahid Dayal Das Panika Swaniyojan Achoni' to help aspiring entrepreneurs from these communities.

What Is This Scheme?

The Swahid Dayal Das Panika Swaniyojan Achoni is a financial assistance program by the Government of Assam. It aims to empower young individuals from Tea Tribes and Adivasi communities by providing them with the necessary funds to start or expand their self-employment ventures.

Who Can Benefit From This Scheme?

This scheme is designed for self-employed youths who are permanent residents of Assam and belong to the Tea Tribes and Adivasi community. It's a great opportunity for those looking to enhance their entrepreneurial skills and capabilities.

Why This Scheme Is Important

The scheme plays a crucial role in fostering economic independence among the youth of the Tea Tribes and Adivasi communities. By providing financial aid, it encourages them to initiate and develop self-employment activities, thereby contributing to their personal growth and the overall economic development of the region.

Objective

This Assam government scheme provides financial support to self-employed youth from Tea Tribes and Adivasi communities, helping them grow their businesses and skills.

Benefits

Concessional Credit to the beneficiaries among minority communities.

Sources and references

NMDFC Lending Policy

Eligibility Criteria

You must be a permanent resident of Assam.
You must belong to the Tea Tribes and Adivasi community.
Your age should be between 20 and 35 years as of January 1st of the application year.
You must be currently self-employed.
Your family should own less than 10 bighas of land.

Preference will be given to:

Candidates who have completed at least a 3-month skill training in their trade.
Physically Handicapped candidates, who will be given due weightage as per government rules.

How To Apply

Applications for this scheme are accepted online. Visit the official portal to fill out and submit your application.

Visit the official application website (link provided in the 'Official Sources' section).
Fill out the online application form with accurate details.
Upload all the required documents as specified.
Submit the application form before the deadline.
Keep a copy of the submitted application for your records.

Note: Downloadable formats for undertaking on family income, annual income, and landholding are available in the application section of the official website.

Documents Required

Passport Size Photo (Max 50 KB, JPG/JPEG)
Signature (Max 20 KB, JPG/JPEG)
Date of Birth Certificate (Max 100 KB, JPG/JPEG)
Age Proof: Original Birth Certificate OR Higher Secondary Leaving Certificate Admit Card OR Higher Secondary Leaving Certificate Pass Certificate.
Caste Certificate (Max 100 KB, JPG/JPEG)
Undertaking stating you have less than 10 bighas of land.
Undertaking on Family Income (as per format).
Identity Proof: Original Voter ID Card OR PAN Card OR Driving License.
Aadhaar Card (Original Copy).
Self Declaration (as per proforma) with a photograph of your business establishment.
Recommendation Letter from Chairman (as per format).
First Page of Applicant’s Bank Passbook (Max 100 KB, JPG/JPEG).
Recommendation Letter from Chairman Format (Downloadable).
Undertaking on Annual Income Format (Downloadable).
Undertaking on Landholding Format (Downloadable).

FAQ’s

How many people from one family can apply for this scheme?

Only one person from each family is allowed to be selected and receive financial assistance under this scheme.

What is the main goal behind launching the Swahid Dayal Das Panika Swaniyojan Achoni?

The primary goal is to offer financial aid to self-employed youth from Tea Tribes and Adivasi communities in Assam. This helps them start or expand their businesses and improve their skills.

Can I apply if my family owns more than 10 bighas of land?

No, to be eligible, your family must own less than 10 bighas of land. You'll need to provide an undertaking confirming this fact.

What age group does this scheme cater to?

Applicants must be between 20 and 35 years of age. This age is calculated as of January 1st of the year you apply.

Is there a preference for applicants with prior training?

Yes, candidates who have successfully completed at least a 3-month skills training in their trade will be given preference.

What proof do I need to show regarding my age?

You can use your original Birth Certificate, Higher Secondary Leaving Certificate Admit Card, or Higher Secondary Leaving Certificate Pass Certificate as proof of age.

Will physically challenged individuals get special consideration?

Yes, Physically Handicapped candidates are encouraged to apply and will receive due weightage as per government norms during the selection process.

If I've received similar financial help in the last 3 years, can I still apply?

No, you are not eligible if you have already availed of such financial assistance within the last three years.

What community and residency status is required?

Applicants must be permanent residents of Assam and belong to the Tea Tribes and Adivasi community.

What specific recommendation letters are needed?

You need to submit a recommendation letter from the Chairman of the Sub-Divisional Beneficiary Selection Committee, along with a recommendation letter from your local MLA or MP, confirming your eligibility.

Do I need to be currently unemployed to apply?

The scheme is for 'self-employed youths'. This means you are already engaged in some form of self-employment that you wish to grow or formalize.