UP government is giving cheap loans to these people, who know how to apply.

UP Government Loan Scheme: The central government runs different types of schemes for crores of people in the country. Different people of the country get the benefit of these government schemes. Apart from the central government, the governments of different states of the country also run many schemes for the citizens of their respective states. The government brings these schemes according to the needs of different people.

Many people need loans for many works. And if the loan is taken from banks, it is available at a very high interest rate. Repaying also becomes a difficult task. The cheap loan is being given to the people of the state by the Uttar Pradesh government. Know who will get the benefit of this government scheme and how to apply for it.

These people get cheap loans

Many types of schemes are being run by the Uttar Pradesh government for the people of the state. A loan scheme has also been started in these. This year, a scheme named Mukhyamantri Yuva Udyam Vikas Abhiyan has been started by the UP government. This scheme of the government is for those young people who want to start their own employment.

The government gives loans to the youth without any guarantee and interest. Under this scheme, the government gives a loan of up to Rs 5 lakh to the youth to start employment. Which is given for 4 years. The government neither charges any interest on this loan nor is any kind of guarantee required to take this loan.

This is how you can apply for it

If you want to take a loan through the Chief Minister Yuva Udyam Vikas Abhiyan Yojana of the Uttar Pradesh government. So you can apply for it online. For this, young entrepreneurs can apply online by visiting the official website of the MSME department https://msme.up.gov.in.

If a young entrepreneur does not know which business to start. Or there is no information about it. So to help the youth, 400 project reports and about 600 business ideas have also been given on this website. Business can be started on any of these ideas.