Mukhyamantri Yuva Udyami Vikas Abhiyan Yojana 2025 – Interest-Free Loans for Youth Self-Employment in Uttar Pradesh

Mukhyamantri Yuva Udyami Vikas Abhiyan Yojana 2025 offers interest-free loans up to ₹5 lakh to Uttar Pradesh youth for self-employment and new small industries.

Mukhyamantri Yuva Udyami Vikas Abhiyan Yojana is a new scheme started by Chief Minister Yogi Adityanath to help young people in Uttar Pradesh start their own businesses. This scheme offers interest-free loans to educated and trained youth, making it easier for them to create small industries and find self-employment opportunities.

Under this plan, the Uttar Pradesh government has set aside a budget of ₹1000 crore to financially support many young entrepreneurs. The government aims to fund up to 1,00,000 units every year, reaching a total of one million units in the next 10 years. This will create job opportunities and reduce unemployment across the state.

If you’re looking to start a business and become independent, this scheme gives you a great chance to get an interest-free loan. Keep reading to know everything about the Mukhyamantri Yuva Udyami Vikas Abhiyan Yojana 2025.

Mukhyamantri

About Mukhyamantri Yuva Udyami Vikas Abhiyan Yojana 2025

This scheme launched by CM Yogi Adityanath supports educated and trained youth of Uttar Pradesh by offering interest-free loans to help them start small businesses. The government provides loans up to ₹5 lakh without any interest. Every year, around 1,00,000 youth units will get funding, helping one million units over 10 years. This mission will help youth, reduce unemployment, and create new jobs in both rural and urban areas.

UP Chief Minister Youth Self-Employment Scheme

We are starting a new scheme called ‘Mukhyamantri Yuva Udyami Vikas Abhiyan’… pic.twitter.com/GHiRJJrSgm — Yogi Adityanath (@myogiadityanath) February 5, 2024

Main Details of Mukhyamantri Yuva Udyami Vikas Abhiyan Yojana 2025

Scheme Name Mukhyamantri Yuva Udyami Vikas Abhiyan Yojana
Launched By Chief Minister Yogi Adityanath
Beneficiaries Youth of Uttar Pradesh
Objective Connect educated youth with self-employment by providing financial support to start small industries
Loan Amount Up to ₹5 lakh, interest-free
State Uttar Pradesh
Application Process Online
Official Website To be launched soon

Overview of Mukhyamantri Yuva Udyami Vikas Abhiyan

The Uttar Pradesh government wants to create jobs in both rural and urban areas by encouraging youth to start small industries. Many educated young people find it hard to begin their own businesses because of lack of money. This scheme will give them financial support so they can stand on their own feet and help reduce unemployment.

Learn about Employment Sangam Scheme

Main Features of Mukhyamantri Yuva Udyami Vikas Abhiyan 2025

  • Youth will get interest-free loans to start self-employment projects.
  • Loans are available to those who have completed training programs like One District One Product, Vishwakarma Shram Samman, SC/ST/OBC training schemes, or skill development missions.
  • Every year, 1,00,000 units will get financial support, aiming for one million over ten years.
  • Projects costing up to ₹5 lakh in the industry and service sectors are eligible.
  • After repaying the first loan, beneficiaries can get a second installment.
  • A combined loan up to ₹7.50 lakh is possible after the first loan stage.
  • Grants will be provided to encourage digital payments.
  • Applications will be accepted only through online procedures.
  • All loans will be backed by CGTMSE insurance.
  • Loans can be taken from nationalized, scheduled, rural banks, SIDBI, and RBI-approved financial institutions.

Main Benefits and Highlights of Mukhyamantri Yuva Udyami Vikas Abhiyan 2025

  • Supports new small industries in Uttar Pradesh, helping both rural and urban youth find work.
  • Interest-free loan of up to ₹5 lakh to youth to start their own business.
  • Loan is provided through the MSME sector.
  • Helps educated and trained youth become self-employed and independent.
  • The state government has set up a ₹1000 crore budget for this mission.
  • Financial support will make it easier for youth to start industries.
  • This will reduce unemployment and create more job opportunities.

Explore Uttar Pradesh Employment Fair

Who Can Apply for Mukhyamantri Yuva Udyami Vikas Abhiyan?

  • Applicants must live in Uttar Pradesh.
  • They should have a certificate, diploma, or degree from any educational institute in the state.
  • Youth from all caste categories who want to start self-employment projects can apply.
  • Both rural and urban educated and trained youth are eligible.
  • Applicants should not have any bank loan defaults.
  • Projects should be micro units with a maximum cost of ₹5 lakh.

Documents Required to Apply

  • Aadhaar Card
  • Proof of Residence
  • Income Proof
  • Caste Certificate
  • Age Proof
  • Educational Certificates
  • Project Details
  • Mobile Number
  • Bank Passbook
  • Passport Size Photograph

How to Apply for Mukhyamantri Yuva Udyami Vikas Abhiyan Yojana 2025?

If you live in Uttar Pradesh and want to apply under Mukhyamantri Yuva Udyami Vikas Abhiyan Yojana, the scheme is still being introduced. The official website for online applications hasn’t been launched yet. Once the state government launches the website, we will update you here so you can apply online and get an interest-free loan to start your own business.

Frequently Asked Questions (FAQs)

In which state is Mukhyamantri Yuva Udyami Vikas Abhiyan Yojana started? The scheme has started in Uttar Pradesh.

How will youth benefit under Yuva Udyami Vikas Abhiyan? Youth will receive interest-free loans up to ₹5 lakh to start self-employment.

What is the budget for Mukhyamantri Yuva Udyami Vikas Abhiyan? The government has allocated ₹1000 crore for this scheme.

From which institutions can loans be obtained? Loans will be provided by nationalized banks, scheduled banks, rural banks, SIDBI, and RBI-approved financial institutions.

What is the main objective of this scheme? To connect educated youth with self-employment and reduce unemployment by helping set up small industries in the state.

Stay tuned for updates and get ready to benefit from this great opportunity to become self-employed and successful in Uttar Pradesh!