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Odisha Launches "Swayam" Scheme for Youth Entrepreneurship.

Government Schemes | Dated: 09 Feb 2026

The Odisha government has launched the "Swayam" scheme to promote self-employment among the youth. Under this scheme, eligible rural and urban youth aged 18-35 will receive an interest-free loan of up to Rs 1 lakh to start their own business ventures.

🎯 Key Highlights:

  • The state government will bear the entire interest burden.
  • There is no need for collateral or processing fees.
  • The repayment period is 4 years.

💡 Other Important Facts:

  • Scheme: Swayam.
  • State: Odisha.
  • Benefit: 1 Lakh Loan.

📚 Test Your Knowledge:

Which state launched the "Swayam" scheme to provide interest-free loans of Rs 1 lakh to youth for entrepreneurship?

Correct Answer: Odisha

🚀 Quick Recap:

About Odisha

  • CM – Naveen Patnaik
  • Capital – Bhubaneswar