The Uttar Pradesh State government launched the Mukhyamantri Yuva Udyami Vikas Yojana 2024. To increase the number of young entrepreneurs in the Uttar Pradesh state the chief minister Mr Yogi Adityanath has introduced the Mukhyamantri Yuva Udyami Vikas Yojana 2024. Under this scheme, the Uttar Pradesh State Authority will provide financial assistance to the youth of the state so that they can start their own small business. The financial assistance under the scheme will be given in the form of an interest-free loan. All the applicants who clear the eligibility criteria must visit the official website and fill out the application form online.
The objective of Mukhyamantri Yuva Udyami Vikas Yojana
The main objective of launching the Mukhyamantri Yuva Udyami Vikas Yojana is to encourage the young citizens of Uttar Pradesh state to become entrepreneurs. Under the scheme, the selected youth of Uttar Pradesh state are eligible to receive interest-free loans of up to INR 5 lakh. To implement this scheme the state government has set up a total budget of 1000 crore. This scheme will uplift the social status and standard of living of all the young citizens of Uttar Pradesh state. The applicants can just apply for the scheme online in the comfort of their homes without visiting any government office.
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Key Highlights of Mukhyamantri Yuva Udyami Vikas Yojana
| Name of the scheme | Mukhyamantri Yuva Udyami Vikas Yojana |
| Introduced by | Uttar Pradesh state government |
| Objective | Provide financial assistance |
| Beneficiaries | Uttar Pradesh state citizens |
| Official website | Yuva Sathi website |
| Eligibility | Youth of the state |
| Loan amount | INR 5 lakh |
Eligibility Criteria
- The applicant must be a permanent resident of Uttar Pradesh state.
- The citizens of UP must be between the ages of 21 to 40 years.
- The citizens must have completed the class 8 examination.
- The citizens must want to start their own businesses.
Benefits of Mukhyamantri Yuva Udyami Vikas Yojana
- The young citizens of Uttar Pradesh state are eligible to receive interest-free loans under this scheme.
- The interest-free loan of INR 5 lakh will be transferred directly to the selected applicant’s bank account.
- With the help of the financial assistance, the young citizens can start their own small business.
- The young citizens did not have to worry about the very high interest rate on the loan amount.
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Required Documents
- Aadhar Card
- Email ID
- Mobile Number
- Electricity bill
- Address Proof
- PAN Card
Loan Amount
- The loan amount of INR 5 lakh will be given to the selected citizens under the Mukhyamantri Yuva Udyami Vikas Yojana 2024.
Mukhyamantri Yuva Udyami Vikas Yojana Apply Online
STEP 1: All the applicants who clear the eligibility criteria must visit the official Yuva Sathi website and fill out the application form online to avail the benefits of the Yuva Udyami Vikas Yojana.
STEP 2: Once the applicant reaches the home page of the official website the applicant must click on the option register.
STEP 3: On the new page the applicant must enter their mobile number and click on the option get OTP.
STEP 4: The applicant must enter the OTP that they have received on the registered mobile number and click on the option proceed.
STEP 5: Now a registration form will appear on your desktop screen the applicant must enter all the details that are asked and attach all the necessary documents.
STEP 6: After entering all the details the applicant must quickly review it and click on the option submit to complete their process.
Contact Details
- youthwelfare[at]nic[dot]in
FAQs
Who is eligible to avail of the benefits of Mukhyamantri Yuva Udyami Vikas Yojana 2024?
All the permanent residents of Uttar Pradesh state who are between the age group of 21 to 40 years are eligible to avail the benefits of Mukhyamantri Yuva Udyami Vikas Yojana 2024.
What is the total loan amount to be given under the Mukhyamantri Yuva Udyami Vikas Yojana 2024?
The total loan amount of INR 5 lakh will be given to the selected citizens under the Mukhyamantri Yuva Udyami Vikas Yojana 2024.
What is the total budget initiated by the Uttar Pradesh State Government for the implementation of the Mukhyamantri Yuva Udyami Vikas Yojana 2024?
The total budget of INR 1000 crore was initiated by the Uttar Pradesh State Government for the implementation of the Mukhyamantri Yuva Udyami Vikas Yojana 2024.