Archive · 25 May 2025
UP's CM Yuva Scheme Fosters Youth Entrepreneurship
The Uttar Pradesh government has a program called CM Yuva to help young people start their own businesses.
The government gives out loans of up to 5 lakh rupees with no interest or need for collateral.
This program is helping young people to start businesses like cake making, laundry services, digital marketing, tattoo studios, and solar panel installation.
Over 53,000 loan applications have been approved so far, with many entrepreneurs already receiving funding to launch ventures.
The government has set aside money to help create 10 lakh micro-enterprises in the coming years.
You can apply online to get this loan.
The CM Yuva scheme encourages young entrepreneurs in Uttar Pradesh.
Over 53,000 loan applications have been approved under the scheme.
Beneficiaries have started ventures in various sectors.
Loans of up to ₹5 lakh are offered with no interest or collateral.
The application process is online via msme.up.gov.in or cmyuva.iid.org.in.
- Who
- Young entrepreneurs in Uttar Pradesh
- What
- The CM Yuva scheme is encouraging entrepreneurship among the youth.
- When
- Launched in 2018; The 2024-25 budget includes funds for the scheme.
- Where
- Uttar Pradesh, India
- Why
- To boost self-reliance among youth and contribute to a $1 trillion economy.
- Scheme Name
- Mukhyamantri Yuva Udyami Vikas Abhiyan
- Launched
- 2018
- Loan Amount
- ₹5 lakh
- Loan Terms
- No interest or collateral
- Application Website
- msme.up.gov.in or cmyuva.iid.org.in
- Budget Allocation (2024-25)
- ₹1,000 crore
- Micro-enterprises goal
- 10 lakh