Know everything about Uttar Pradesh Chief Minister Yuva Swarozgar Yojana including scheme's backgrounds, features and benefits.
Mukhyamantri Yuva Swarozgar Yojana 2024
The Uttar Pradesh Chief Minister Yuva Swarozgar Yojana is a scheme launched by the state government to provide employment opportunities for the youth of the state. The Chief Minister Youth Self Employment Scheme provides for financial assistance to those who wish to start their own business or are looking for self-employment opportunities.
Mukhyamantri Yuva Swarozgar Yojana: Apply for Loan Before June 15
In order to be eligible for a loan, applicants must be between the ages of 18 and 35 and must be residents of Uttar Pradesh. In addition, they must have a minimum educational qualification of Class 10th pass or equivalent.
Applications for loans under the Scheme can be made online, through the official website of the scheme. The last date to apply for a loan under the scheme is June 15.
Up Yuva Swarozgar Yojana 2024 Highlights
The scheme offers various benefits such as training and financial assistance for setting up businesses. The scheme is open to all residents of Uttar Pradesh who are between the ages of 18 and 35 years. As per the scheme, each beneficiary will be given a grant of ₹2 lakhs to set up their own business. The scheme also provides for interest-free loans of up to ₹10 lakhs for those who wish to expand their businesses. The scheme has been designed to promote entrepreneurship among the youth of Uttar Pradesh and to create employment opportunities in the state.
Objective of Uttar Pradesh Youth Self Employment Scheme 2024
The objective of the Uttar Pradesh Youth Self Employment Scheme is to provide employment opportunities to unemployed youth in the state. The scheme aims at providing self employment opportunities to educated unemployed youth in the age group of 18-35 years. Under the scheme, each district will have a District Level Monitoring and Implementation Committee (DLMIC) headed by the District Collector. The committee will be responsible for identification of beneficiaries, sanctioning of loans and monitoring of implementation of the scheme.
Chief Minister Youth Self Employment Scheme December Update
Under the CM Youth Self Employment Scheme, financial assistance of ₹10,000 is provided to youth belonging to families with an annual income of less than ₹2 lakhs, for setting up their own businesses. The scheme has helped in generating employment for youth in the state and has also helped in reducing migration from rural areas to urban areas in search of jobs.
What Percentage of Contribution Will Have to Be Deposited Under CM Youth Self Employment Scheme
Under the Chief Minister Youth Self Employment Scheme, a contribution of 50% will have to be deposited in order to avail the benefits. The remaining 50% will be provided by the state government.
Features of Mukhyamantri Yuva Swarozgar Yojana
The Chief Minister Youth Self Employment Scheme is aimed at providing employment to the youth of Uttar Pradesh. Under the scheme, the state government will provide financial assistance to the youth for setting up their own businesses. The scheme will also provide training and mentorship support to the beneficiaries.
Benefits of Mukhyamantri Yuva Swarozgar Yojana 2024
- Easy Access to Capital: One of the biggest hurdles faced by young entrepreneurs is accessing capital to start their business. The Chief Minister Yuva Swarozgar Yojana removes this hurdle by providing easy access to loans of up to ₹10 lakhs at subsidised interest rates.
- Training and Mentorship Support: Under the scheme, candidates will be provided with training and mentorship support from experts in order to become successful entrepreneurs.
- Flexible Repayment Options: The scheme offers flexible repayment options, which means that candidates can pay back the loan according to their convenience.
- Low Processing Fees: The processing fee for availing of the loan under the scheme is very low as compared to other loan schemes. This makes it easier for young entrepreneurs to avail of the loan without having to worry about high processing charges.
- Available for Both, New and Existing Businesses: The scheme is available for both, new and existing businesses. This gives young entrepreneurs an opportunity to start their own business or expand an existing one without any difficulty.
Eligibility of Chief Minister Youth Self Employment Scheme 2024
The Chief Minister Youth Self Employment Scheme is open to all unemployed youth in the state of Uttar Pradesh who are between the ages of 18 and 35. There is an upper age limit relaxation for candidates who are differently abled. To be eligible for the scheme, candidates must have passed 10+2 or its equivalent examination from a recognised board or university. Candidates who are pursuing higher education or technical courses are also eligible to apply.
Documents of Youth Self Employment Scheme up 2024
A completed application form. This can be obtained from the Scheme’s website or from your nearest Scheme office.
- Proof of identity, such as a passport, PAN card, or Aadhaar card.
- Proof of age, such as a birth certificate or 10th class mark sheet.
- Educational Qualifications – certificates and mark sheets from Class 10th onwards 5) Residential Address Proof – any official document with your name and address on it, such as a ration card, utility bill, or voter ID card
- Caste Certificate – if you belong to the SC/ST category
- Disability Certificate – if you have any disability
- Two recent passport size photographs
How to Apply in Chief Minister Youth Self Employment Scheme 2024
- Firstly, you will need to log on to the official website of the scheme
- On the homepage of the website, you will find the ‘Apply Now’ button under the heading of ‘Important Links’
- Once you click on that button, you will be redirected to a new page where you will find all the necessary information regarding the scheme as well as the application form
- Carefully read through all the instructions and then proceed to fill out the form
- Make sure that all your details are correct and then submit the form
- You will then be given a unique application number which you must note down for future reference
- Your application will be processed and if you are found eligible, you will be contacted by officials regarding further steps
How to Login in Mukhyamantri Yuva Swarozgar Yojana
In order to login in Mukhyamantri Yuva Swarozgar Yojana, the user will need to visit the official website of the scheme and click on the ‘Login’ button available on the top right-hand corner of the homepage.
Once the user is redirected to the login page, they will need to enter their registered mobile number in the first field followed by their date of birth in DD/MM/YYYY format in the second field. After entering all the required details, the user will need to click on the ‘Submit’ button.
After successful submission of details, an OTP will be generated and sent to the registered mobile number. The user will need to enter this OTP in order to login into their account and access all features of Mukhyamantri Yuva Swarozgar Yojana.
How to See the Status of Mukhyamantri Yuva Swarozgar Yojana Application
To check the status of your Mukhyamantri Yuva Swarozgar Yojana application, you will need to visit the official website of the scheme. On the homepage, you will find a link to the ‘Application Status’ page. Click on this link and enter your application number in the space provided. You will be able to see the status of your application on this page.
Offline Process to Apply Under Mukhyamantri Yuva Swarozgar Yojana
The first step is to download the application form from the official website of the Uttar Pradesh government. The form can be found under the ‘Forms’ section on the website.
Once the form has been downloaded, it has to be duly filled and signed by the applicant. All required documents have to be attached with the form and submitted at any of the designated branches along with a processing fee.
The completed application form, along with all required documents, will be forwarded by SBI to district level office of Micro, Small and Medium Enterprises (MSME) for verification and approval.
Once approved, a loan sanction letter will be issued by MSME which has to be presented at any branch for availing loan under this scheme.
Mukhyamantri Yuva Swarozgar Yojana Department Login
The Uttar Pradesh Mukhyamantri Yuva Swarozgar Yojana Department provides a portal for the youth of Uttar Pradesh to login and avail various schemes and benefits under the scheme. The portal provides an online application form for the schemes and benefits under the scheme. The portal also allows the users to track their application status and download their documents.
Selection Process of Uttar Pradesh Yuva Swarozgar Scheme
The first step in the selection process is to fill out an online application form available on the official website. The form must be duly completed and submitted along with all required documents.
Once the application form is received, it will be screened by a committee constituted by the state government. The committee will select eligible candidates based on certain criteria such as age, educational qualification, financial need, etc.
After being selected by the committee, beneficiaries will have to undergo training at designated training centres. On successful completion of training, they will be given financial assistance to start their own business ventures.
Contact Info
Myth Busters
- The scheme provides financial assistance only for starting a new business – FALSE
- The scheme is only for men – FALSE
- The scheme is only for women – FALSE
- Couples are not eligible to apply for the scheme – FALSE
- The scheme provides interest-free loan of up to Rs 5 lakhs – TRUE
- The scheme can be availed by any resident of Uttar Pradesh – TRUE
Why Vakilsearch?
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We have a team of business consultant who can guide you through the process and help you understand the scheme in detail.
We provide personalised assistance to our clients so that they can make an informed decision about whether or not this scheme is right for them.
FAQs
What is the Uttar Pradesh Chief Minister Yuva Swarozgar Yojana?
The Uttar Pradesh Chief Minister Yuva Swarozgar Yojana is a scheme that was launched by the state government in order to provide self-employment opportunities to the youth of the state. Under this scheme, financial assistance is provided to the youth for setting up their own business ventures.
Who is eligible for availing benefits under this scheme?
In order to be eligible for benefits under this scheme, the following criteria must be met: - The applicant must be a resident of Uttar Pradesh. - The applicant must be between 18 and 35 years of age. - The applicant must be unemployed.
What are the documents required for applying under this scheme?
The following documents are required for applying under this scheme: - A duly filled application form. - Age proof (Birth certificate/Passport/Aadhaar card). - Residence proof (Ration card/Voter ID card/Passport). - Income certificate issued by competent authority.
