Assam CM Startup Fund Scheme (Sarothi) Funding For New Ideas/Projects

By | April 25, 2017

Assam CM Startup Funding Scheme (Sarothi) Loan For New Business At 5% Interest New Ideas/Projects, Chief Minister Sarbananda Sonowal Schemes 2017, Sarothi – (MOU) A Memorandum of Understanding.

Assam CM Startup Funding Scheme

The Chief Minister of Assam state has taken various steps for the development of the state. Various types of schemes and yojana are also being launched by the CM, Assam. Now aging he is launching a new scheme which is named as Sarothi. It is a funding scheme to provide funds to the people in the form of a loan to start up their own business. All the private entrepreneurs must be happy after hearing this news. Now all the people who desires to start up their own business can easily make a good start to their business. The people will now get the loans for a business start up very easily under the new scheme Sarothi. The interest rates applied on the loan will also be less as compared to the other loan giving firms.

Key features of the Assam CM Startup Funding Scheme

By Sarothi scheme the people can easily take up loans to start up a business.

An interest rate of 5 % will be charged on the loan.

The loan and the funding process will be done by the Assam Gramin Vikas Bank.

The scheme will help in removing the hurdle of equity and funds faced by the entrepreneurs for boosting up their business.

The scheme will be valid for next 5 years.

A Memorandum of Understanding (MoU) has been signed by the chief minister of Assam and the Department of Industries and Commerce and the Assam Gramin Vikas Bank to start up this new scheme. All these three parties will give their assistance in funding the people to start up their own business in Assam. This MoU was signed at an event held at Udyog Bhavan, Bamunimaidain, Guwahati.

Chief Minister Startup Funding Scheme

The people of Assam are very happy after hearing about this new scheme ‘Sarothi’. There are many people in the state of Assam who have a dream to start up their own business in Assam. But due to lack of funds the people are unable to start up their business or face various difficulty in doing so. Even the existing business mans of the state also face several complications in boosting up their business. The state government of Assam took an initiative to sort these things out and thus started up the Start up Fund scheme – Sarothi. Under the scheme as mentioned above, it will help the entrepreneurs in boosting up their business or to make a fresh new start. A good amount of fund will be granted to the interested people as a loan. Only 5 % interest rate will be charged on the loan given.

Sarothi – A Memorandum of Understanding

So by making the use of this scheme the interested people can get a loan and can start a new business within the state. For this scheme the government has given instructions to release the online application form. The application forms will be released on the official web site of Assam state government. To fill the application form some helpful tips are given here under.

  • Make a visit to the site of Assam state government
  • Over the home page seek for the link to Start Up Fund Scheme – Sarothi 2017
  • Select that link and the form will appear on the screen
  • Fill the form with all the mandatory details and then click on submit.
  • At last take a print out of the form for any further use.

The starts up of any sector would be eligible to apply for this scheme but the preferences will be given to those who have under gone any kind of skill development training. For more details regarding this scheme, a visit to the official site of Assam government would be useful.

Assam Government Startup Funding Scheme

Now you can be update with the latest and new news of the upcoming schemes of the Assam Government. That there are so many government schemes which will be started for the welfare of the public of the Assam. This is known as the memorandum of Understanding scheme. This is the great start-up for the government of the Assam. As we know that the main object and aim of this scheme will be Chief Minister Start-Up Fund as this scheme will covered the all area of the State of the Assam and will providing the financial assistance to the public of the Assam.

Assam CM Startup Funding Scheme:- They will provided the loan to the beneficiaries under the cheap rate of interest  and this loan will main be  given to the candidates mainly who will under the any kind of the training of the Skill development.  And this scheme will be started in this year 2017-18 and will be valid for the 5 years.  Very soon they will start this scheme and they will start inviting the applications from the applicant. So keep in touch with us so that we will provided you the fresh news regarding this and other government schemes

Assam GovernmentOfficial Website

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2 thoughts on “Assam CM Startup Fund Scheme (Sarothi) Funding For New Ideas/Projects

  1. POLASH

    IN THIS SAROTHI SCHEME, WITHOUT COLLETERAL SECURITY LOAN WILL BE AVAILABLE OR NOT. IF BANK WANT THE COLLETERAL SECURITY THAN THIS SCHEME WILL BE NOT SUITABLE FOR POOR UNEMPLOYED.

    Reply

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