The UP government is conducting many schemes to connect with employment. One of them is Mukhyamantri Swarajgar Yojana (Mukhyamantri Swarojgar Yojana 2025). Under this scheme, now the government will give interest free loan of up to 5 not 25 lakhs. Let us know that there is good news for the youth of Uttar Pradesh, now an interest free loan of up to Rs 25 lakh will be available to start their own work. The Yogi government of UP has taken this big decision with the aim of increasing self -employment in the state.
By amending the Mukhyamantri Swarozgar Yojana (Mukhyamantri Swarojgar Yojana 2025), the UP government is preparing to provide without interest loan under it. At present, applications for Chief Minister Yuva Udyami Yojana are going on in the state. Under this scheme, youth can set up a project of up to Rs 5 lakh. With this, the government gives up to 90 percent interest free loan.
Youth can start their work on a large scale
The popularity of CM Yuva Udhyami Yojana (CM Yuva Udhyami Yojana) is so high that thousands of applications are coming daily. About 50 thousand applications have come in the first month of this financial year. Taking advantage of the entrepreneurial scheme, youth are starting their own employment. This scheme has a list of more than 650 such works, which can be started.
Given its success, the administration has now taken an important decision. Under the Mukhyamantri Swarozgar Yojana released in Uttar Pradesh, you will be able to get interest loan so that youth can start their work on a large scale. Earlier, under this scheme, loans were available at cheap interest rate.
Right now there is a provision for loans up to 25 lakh
Under the Mukhyamantri Swarozgar Yojana, the government’s focus is on small and medium industries and efforts are being made to increase its scope further. At the same time, some changes will also be made in this scheme, in which there is a preparation to increase the project cost by 4 times.
At present, youth can get a loan of up to Rs 25 lakh under the Self -Employment Scheme. At present, a project of Rs 25 lakh can be set up in the sector of industries and Rs 10 lakh in the service sector. There is also a provision to increase this cost to 4 times i.e. 1 crore.
Margin money will turn into subsidy
Another special thing in this scheme released in UP is that 25 percent margin money in the project cost is given by the government. 6.25 lakhs in the industry sector and 2.50 lakh rupees in the service sector will be given by the Uttar Pradesh government. If business is successful for two years, then this margin will turn into money subsidy. Meaning you will not need to return this money.
Age should be between 18 and 40 years old
To take advantage of the scheme, your year should be between 18 and 40 years to apply for the applicant. With this, the applicant should be a citizen of UP. At least 10th pass should be. Together the bank has never declared a defaulter.
31.3 thousand applications to the government
One of the most special scheme of Mukhyamantri Swarozgar Yojana (Mukhyamantri Swarojgar Yojana 2025) in UP is one of the most special schemes. This is very useful to further promote self -employment. Let us know that in 2018-19, 2.5 lakh youth got employment under this scheme. 31.3 thousand applications were accepted under Mukhyamantri Swarozgar Yojana and Rs 758.97 crore was distributed as margin money. Now this scheme is being amended.
