MYSY- Big news for unemployed youth, government is giving 25 lakhs, know full details
If we talk about a decade, unemployment has worsened the condition of the youth, especially since the Corona period, given these circumstances, the Indian central and state governments run various schemes targeting youth, farmers, and women, which aim to uplift and help these people, recently the Uttar Pradesh government has launched a remarkable scheme for unemployed youth, about which we will know in detail today.
Mukhyamantri Yuva Swarojgar Yojana
Given the increasing number of educated but unemployed youth, the Uttar Pradesh government has launched the Chief Minister Yuva Swarojgar Yojana. The objective of this scheme is to motivate educated youth to get employment by starting their own business or start-ups.
Key features of the scheme:
Loan provision:
This scheme provides loans up to Rs 25 lakh for the industrial sector and up to Rs 10 lakh for the service sector.
The government provides a 25 percent subsidy on these loans to aid young entrepreneurs.
Eligibility and Requirements:
Applicants must have the required documents like an Aadhaar card, ration card, income certificate, and bank account details.
The scheme can be availed through the official website of the Directorate of Industries and Enterprise Promotion, Government of Uttar Pradesh, https://diupmsme.upsdc.gov.in/.
Application Process: Interested youth can apply online through the above website. Helpline numbers are available on the site to assist applicants for any problems or queries.
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