Current Affairs - State - Discussion

Discussion Forum : State - Latest Current Affairs (Q.No. 623)

2024-02-19 State

623.

Which state government launched the 'Swayam' scheme to empower its youth with interest-free loans?

Odisha

Tamil Nadu

Kerala

Andhra Pradesh

Answer: Option

Explanation:

The scheme introduced by the Odisha state government is called 'Swayam.' It offers interest-free loans of up to Rs 1 lakh to eligible youth aged between 18-35 years, aiming to foster entrepreneurship and economic growth by facilitating the establishment of new businesses or expansion of existing ones.