Assam CM Launches Atmanirbhar Asom Abhijan 2.0
On October 18, Assam Chief Minister Himanta Biswa Sarma introduced the Chief Minister’s Atmanirbhar Asom Abhijan (CMAAA) 2.0 in Guwahati. This initiative aims to support entrepreneurship in Assam. Under the previous CMAAA 1.0, Rs. 510 crores were distributed to 25,238 entrepreneurs. The new phase will select 75,000 beneficiaries.
Incentives and Eligibility
Beneficiaries will receive Rs 5 lakhs for professional courses and Rs 2 lakhs for non-professional courses. Applicants must register on the CMAAA portal by November 18. Eligibility includes a degree in fields like engineering or medicine for professional categories, and a bank account opened before April 2024.
Additional Details
The age limit for applicants is now 45 years. Applicants must not be loan defaulters or have family members who benefited from CMAAA 1.0. The initiative also aligns with the Pradhan Mantri Mudra Yojana for micro-credit support.
Mentorship and Support
CM Sarma also introduced 130 mentors to guide CMAAA 1.0 beneficiaries. The program aims to foster an entrepreneurial environment in Assam.
Doubts Revealed
Assam -: Assam is a state in the northeastern part of India. It is known for its rich culture, tea gardens, and the mighty Brahmaputra River.
CM -: CM stands for Chief Minister, who is the head of the government in an Indian state. Himanta Biswa Sarma is the current Chief Minister of Assam.
Atmanirbhar -: Atmanirbhar means ‘self-reliant’ in Hindi. It is a concept promoted by the Indian government to encourage self-sufficiency and reduce dependency on other countries.
Abhijan -: Abhijan means ‘campaign’ or ‘initiative’ in Hindi. It refers to a planned effort to achieve a specific goal.
Entrepreneurship -: Entrepreneurship is the process of starting and running your own business. It involves taking risks to create new products or services.
Beneficiaries -: Beneficiaries are people who receive benefits or help from a program or initiative. In this case, they are the people who will get financial support from the Atmanirbhar Asom Abhijan 2.0.
Pradhan Mantri Mudra Yojana -: Pradhan Mantri Mudra Yojana is a scheme by the Indian government to provide loans to small businesses. It helps people who want to start or expand their small businesses with financial support.
