Mukhyamantri Yuva Swarozgar Yojana (Uttar Pradesh)
This profile has been independently compiled from official gazette notifications and verified web domains. Source Authority Link: diupmsme.upsdc.gov.in Authority: Finance Department (Uttar Pradesh) • State/Region: Uttar Pradesh • Last Audited: 29 Jul 2026
Quick AI Summary
Financial assistance of up to Rs. 25 Lakhs (manufacturing) or Rs. 10 Lakhs (service) with a 25 % margin‑money subsidy for unemployed youth of Uttar Pradesh to establish micro‑enterprises.
Detailed Summary
Objective
The scheme, administered by the Department of MSME & Export Promotion, Uttar Pradesh, seeks to curb youth migration by fostering self‑employment in the manufacturing and service sectors.
Scope
Eligible beneficiaries may obtain a collateral‑free bank loan of up to Rs. 25 Lakhs for manufacturing projects or up to Rs. 10 Lakhs for service‑oriented projects. A margin‑money subsidy of 25 % of the loan amount, capped at Rs. 6.25 Lakhs, is provided to reduce the applicant’s equity contribution.
Implementation
Loans are disbursed through designated commercial banks under the supervision of the state MSME department. The scheme is time‑bound and subject to periodic review.
Key Benefits & Financial Assistance
| Comparison Criteria | Benefits |
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Eligibility Criteria Profile
| Comparison Criteria | Eligibility |
|---|---|
| Minimum Age Limit | 18 Years or above |
| Maximum Age Limit | 40 Years or below |
| Occupation Status | Unemployed |
| Domicile State | Uttar Pradesh Domicile |
Application Process Guide
- Register on the Uttar Pradesh DIC portal (diupmsme.upsdc.gov.in).
- Complete the online application form and upload a detailed project report, identity proof, residence proof, and educational certificates.
- Submit the application for preliminary verification.
- Upon approval, the department forwards the file to the partner bank for loan sanction.
- Disbursement is made directly to the beneficiary’s bank account after execution of the loan agreement.
Common FAQs regarding this Yojana
The scheme provides up to Rs. 25 Lakhs for manufacturing projects and up to Rs. 10 Lakhs for service‑sector projects.
No. The loan is offered on a collateral‑free basis, subject to the applicant meeting all eligibility conditions.
The subsidy equals 25 % of the sanctioned loan amount, with a ceiling of Rs. 6.25 Lakhs per beneficiary.