This year a big gift has come for the youth of Uttar Pradesh. Yes friends, through the Mukhyamantri Yuva Udyam Vikas Abhiyan (MYUVA) scheme, the government is now not only giving new employment opportunities to the youth, but is also encouraging them for self-employment.
In today’s article, we will give you complete information about this new scheme. You will know how to get interest-free loan up to ₹5 lakh under this scheme, who can take advantage of it, what documents will be required and how to apply online. So friends, let’s know the whole news without delay.
Mukhyamantri Yuva Udyami Yojana (2025)
Mukhyamantri Yuva Udyami Yojana is a major scheme launched by the Uttar Pradesh government, which aims to encourage the youth of the state for self-employment and make them financially self-reliant. Under this scheme, the youth are given financial assistance by the government to start their own business or startup.
| Particulars | Details |
|---|---|
| Scheme Name | Mukhyamantri Yuva Udyami Yojana (MYUVA) |
| Launched By | Government of Uttar Pradesh |
| Objective | To provide interest-free loans to youth for starting their own business |
| Target Beneficiaries | Youth of Uttar Pradesh (21 to 40 years) |
| Loan Amount (Phase 1) | Up to ₹5 lakh (100% interest-free, no collateral) |
| Loan Amount (Phase 2) | ₹10 lakh to ₹20 lakh (50% interest subsidy) |
| Loan Tenure | 4 years (Phase 1), 3 years (Phase 2) |
| Educational Qualification | Minimum 8th pass |
| Required Training | Government-recognized training (ODOP, Vishwakarma Shram Samman Yojana, Skill Development Mission, etc.) |
| Application Mode | Online |
| Official Website | msme.up.gov.in |
Mukhyamantri Yuva Udyami Yojana 2025: Budget, Objectives and Benefits
The main objective of the Mukhyamantri Yuva Udyami Yojana is to motivate the youth of Uttar Pradesh for self-employment and provide them financial assistance. The government plans to establish 10 lakh new small scale industries in the state in the next 10 years by making 1 lakh youth entrepreneurs every year.
Budget for MYUVA 2024-25
- The government has set a budget of ₹1,000 crore under this scheme for the financial year 2024-25.
- This amount is especially for those youth who are not able to start their own business due to lack of capital.
Highlights of the scheme
- 1 lakh youth every year: Every year 1 lakh youth will be made entrepreneurs and prepared for self-employment.
- 10 lakh industries in 10 years: The target is to set up 10 lakh new small industries in the next 10 years.
- Interest free loan: Interest free loan up to a maximum of ₹5 lakh will be available for industry or service sector projects.
- Increased loan in the second phase: After paying the first loan, a loan of up to ₹7.5 lakh can be availed in the second phase.
- Digital payment promotion: Grants will also be given to promote digital transactions.
- Online application: The application process will be completely online and loans can be taken from all nationalized/rural banks, SIDBI and other financial institutions.
- CGTMSE cover: All loans will be covered by CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises), so there will be no need for guarantee.
How much loan will be available and what are the benefits?
Under the scheme, the youth will get loans in two phases.
- In the first phase, loans up to ₹5 lakh will be given completely interest free. This loan will have to be repaid in a period of 4 years. The special thing is that there will be no need to provide any kind of guarantee or collateral for this.
- In the second phase, if the first loan is repaid on time, then a loan of ₹10 lakh to ₹20 lakh will be available, on which the government will give interest subsidy up to 50%. This loan will be given for a period of 3 years.
The objective of the government is that the youth should get financial support to start business on a small scale and they can set up their own business.
Eligibility for Mukhyamantri Yuva Udyami Yojana 2025
- The applicant should be a permanent resident of Uttar Pradesh.
- Age should be between 21 to 40 years.
- Minimum 8th class pass is a must.
- Must have skill training certificate/diploma/degree from a recognized institute.
- The applicant should not be taking financial benefit from any other state or central government scheme (except Pradhan Mantri Swanidhi Yojana).
Documents required for Mukhyamantri Yuva Udyami Yojana 2025
- Aadhaar Card
- Residence Certificate
- Passport Size Photo
- Digital Signature
- Age Certificate
- Educational Qualification Certificate
- Caste Certificate (if applicable)
- Project Report
- Bank Passbook/Statement
- PAN Card
- Self-Declaration Certificate
- Skill Certificate
For which businesses will you get loan?
This scheme is not limited to any particular business. Youth can start any small or medium business, such as.
- Mobile repairing
- Beauty parlor
- Readymade clothes
- Buying electric auto
- Food processing unit
- Furniture business
- Other work in service sector etc.
Online Application Process under Mukhyamantri Yuva Udyami Yojana 2025
The application process for the Chief Minister Yuva Udyam Yojana of the Government of Uttar Pradesh is completely online. Interested candidates can easily apply by following the steps given below.
- Visit the official website:- First of all go to the official website of the scheme cmyuva.iid.org.in.
- Register:- Click on the “New User Registration” option on the homepage of the website.
- Select ‘Mukhyamantri Yuva Udyam Vikas Abhiyan’ in the selection of the scheme.
- .Enter your Aadhaar number and verify through OTP.
- .After Aadhaar verification, name, date of birth, father’s name will come automatically.
- .Fill mobile number, district and email ID, enter captcha and submit.
- Login:- After successful registration you will get User ID and Password.
- .Login to the portal with these and change the password.
- .After login, OTP will come on the mobile, after filling which the application form will open.
- Fill the application form:- The application form consists of three steps:
- .Personal information (name, father’s name, date of birth, caste, educational qualification, permanent address, voter ID etc.).
- .Business information (what type of business you want to start etc.).
- .Bank related information.
- .Scan and upload all the required documents (Aadhar card, residence certificate, educational qualification certificate, skill certificate, passport size photo, PAN card, bank passbook/statement etc.).
- Submit application:- After filling all the information and documents correctly, submit the application form finally. Keep the receipt received after submitting the application safe.
Important Links for Mukhyamantri Yuva Udyami Yojana
| Important Links for Mukhyamantri Yuva Udyami Yojana 2025 (UP) | Description |
|---|---|
| Official Application Portal | Apply online for the scheme and check status |
| UP MSME 1-Connect Portal | Details and application for Mukhyamantri Yuva Swarojgar Yojana |
| Industry Directorate UP Portal | Registration and login for scheme applicants |
Conclusion
Mukhyamantri Yuva Udyam Yojana 2025 is a great opportunity for the youth of Uttar Pradesh. Under this scheme, you will get a loan of up to Rs 5 lakh without interest and without guarantee. Also, the government also provides margin money subsidy of up to 10% and training to start a business. There will also be incentives on digital transactions. The government has kept a budget of Rs 1,000 crore for this scheme, so that lakhs of youth will be able to start their business without worrying about capital and become self-reliant.
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