Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA) Uttar Pradesh 2024

Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA) was launched by the Uttar Pradesh State government. To encourage the youth of Uttar Pradesh state to pursue entrepreneurship the Uttar Pradesh State government announced the launch of Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA). Under the Yuva Udyami Vikas Abhiyan (MYUVA), the Uttar Pradesh State government will provide interest-free loans to all the selected applicants for their projects of up to INR 5 lakh. The Government of Uttar Pradesh state has set up a budget of INR 1000 crore for the implementation of Yuva Udyami Vikas Abhiyan (MYUVA) in the year 2024-25.

Uttar Pradesh Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA)

To foster entrepreneurship among the minds of youth of Uttar Pradesh state the Uttar Pradesh State government launched the Uttar Pradesh Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA). The Uttar Pradesh State government aims to prepare one lakh young entrepreneurs every year by providing interest-free loans for projects of up to Rs 5 lakh under this scheme. The chief minister of Uttar Pradesh state Mr Yogi Adityanath has directed officials of the Micro, Small, and Medium Enterprises (MSME) Department to promptly devise a comprehensive action plan for the initiative and submit it to the government as soon as possible for the implementation of this scheme.

Also Read: Mukhyamantri Yuva Swarojgar Yojana

The objective of Mukhyamantri Yuva Udyami Vikas Abhiyan 2024

The main objective of launching the Mukhyamantri Yuva Udyami Vikas Abhiyan 2024 is to encourage the youth of Uttar Pradesh state to engage in entrepreneurship. The UP Yuva Udyami Vikas Abhiyan 2024 will help the youth of Uttar Pradesh state to develop various practical skills that will help them in the future.

Key Highlights of Yuva Udyami Vikas Abhiyan Uttar Pradesh

Eligibility Criteria

• The applicant must be a permanent resident of Uttar Pradesh state.
• The applicant must have a diploma or degree from any Educational Institute.
•  After successful repayment of the first loan, the applicants are eligible for a second loan.

Also Read: Uttar Pradesh Kaushal Vikas Mission

Benefits of The UP Yuva Udyami Vikas Abhiyan (MYUVA)

• The selected applicants under the scheme are eligible to get an interest-free loan for their projects of up to INR 5 lakh.
• With the help of this scheme, the Government of Uttar Pradesh state aims to prepare one lakh young entrepreneurs every year.
• This scheme will encourage the youth of Uttar Pradesh state to foster their minds into entrepreneurship.
• After the successful repayment of the first loan, the applicants can also avail the benefits of the second loan which is up to INR 7.5 lakh.
• The use of Uttar Pradesh state can gain various skills that will help them in the future with the help of this scheme.

Required Documents

• Aadhar card
• Address proof
• Bank account statement
• Passport size photo
• Mobile number
• Ration card

Also Read: Udyogini Scheme 

Selection Process

• The applicants will be selected based on their clearance of eligibility criteria.
• The applicant must be a permanent resident of Uttar Pradesh state to be selected for the scheme.
• The applicant must be a youth to be selected for this scheme.
• Only the applicants who are curious about entrepreneurship are eligible to be selected for this scheme.
• To be selected for this scheme the applicant must have all the required documents.

Date of Announcement

• The UP Yuva Udyami Vikas Abhiyan (MYUVA) was announced by the Uttar Pradesh State government on 3rd March.

Financial Assistance

• The financial assistance of interest-free loans of up to INR 5 lakh will be given to the selected applicants under the UP Yuva Udyami Vikas Abhiyan (MYUVA).

Mukhyamantri Yuva Udyami Vikas Abhiyan Apply Online 2024

• To apply for Yuva Udyami Vikas Abhiyan the applicant can go to the official website.
• On the home page click on the option Apply Here.
• A new page will appear on your screen.
• Enter all the details that are asked and attach all the necessary documents.
• Click on the option Submit to complete your process.

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