The Uttar Pradesh government has started a big relief scheme for unemployed young men and women. Under “Mukhyamantri Yuva Udyami Vikas Abhiyan” youth can now get financial help to start their own industry or service based business. The main objective of this scheme is to make the youth employable instead of searching for jobs, so that they can become self-reliant.

Loan up to Rs 5 lakh without interest

Under this scheme, interest free loan up to a maximum of Rs 5 lakh will be provided to the eligible youth. This amount will be helpful in starting a small industry, shop, startup or service based business. The special thing is that no interest will have to be paid on this loan, which will reduce the financial pressure on the youth.

Additional benefit of 10 percent grant

The government is not only providing loan but will also provide a grant of 10 percent of the project cost. This means that the government itself will bear a part of the total cost of starting a business. This facility is especially beneficial for those youth who are unable to start their own business due to limited resources.

1800 youth will get employment

This time a target has been set to connect 1800 youth in the district with this scheme. The application process has been started by the District Industry and Enterprise Promotion Department. This will provide self-employment opportunities to a large number of youth and employment will increase at the local level.

Apply like this

Interested candidates can apply through online medium. For this they will have to go to the official portal of the government and fill the form. The application process has been kept simple and transparent, so that more and more youth can take advantage of it.

Essential eligibility conditions

– Applicant must be a resident of Uttar Pradesh
– Age should be between 21 to 40 years
Minimum educational qualification: 8th pass (Intermediate preferred)
Must have a certificate from a recognized training or skill development scheme

Steps towards self-reliant India

According to Deputy Commissioner Industries Dinesh Kumar Chaurasia, this scheme has been started to motivate the youth towards entrepreneurship. This will not only reduce unemployment but will also strengthen the economy of the state.

Overall, this scheme is a great opportunity for those youth who want to start their own business. With proper planning and government support, it is now easier than ever to realize your dreams.\