About
Mukhyamantri Yuva Udyami Vikas Abhiyan
This
scheme is applicable to aspiring entrepreneurs. Under this scheme, assistance
is provided to the youth of the states with meaningful employment generation
and facilitates the establishment of enterprises. Assistance with interest-free
loans upto 5 lacs is provided to the youths.
Objective
- Phase 1: Loans up to ₹5 lakh with a 100% interest subsidy for four years.
- Phase 2: Loans ranging from ₹10 lakh to ₹20 lakh with a 50% interest subsidy for three years.
Eligibility
1
A minimum educational qualification of eighth grade or its equivalent is required.
2
Applicants must be between 21 and 40 years old and permanent residents of Uttar Pradesh.
3
Priority is given to applicants who have completed training under government-run schemes.
How to Apply?
01
Applicants applies directly from Directorate of Industries UPMSME portal . Link-https://www.diupmsme.upsdc.gov.in
02
Applicant login to its profile/ Creates profile if new user.
03
Applicant selects respective scheme from beneficiary section and fills all the details.