Mukhyamantri Yuva Udyami Yojana: The Uttar Pradesh government had launched the Mukhyamantri Yuva Udyami Vikas Yojana some time back to motivate the unemployed youth of the state for self-employment. Although till now only a loan of 5 lakhs was being given under this scheme, but now a proposal to extend the loan limit of the scheme has been passed. The age limit under Mukhyamantri Yuva Udyami Yojana is also being increased from 40 to 45 years. Meaning now under this scheme, any person between the age of 21 to 45 years will be able to get a loan of up to Rs 25 lakh and start his own employment.
For the information of the readers, let us tell you that the Mukhyamantri Yuva Udyami Yojana is being successfully operated in Uttar Pradesh. Due to this scheme, many youths of the state are being provided interest-free loans and they are being motivated for self-employment so that they can start their own employment and get rid of the hassle of job. Under this scheme, till now more than 68000 youth have been given interest free loan so that they are starting their own employment. Under the scheme, the state government also gives margin money subsidy of up to 10% so that the youth can raise initial capital to start a startup.
Mukhyamantri Yuva Udyami Yojana 2025- Overview
The Mukhyamantri Yuva Udyami Yojana, or CMYUVA, has been a lifeline for young people in Uttar Pradesh who want to start their own businesses. Launched to tackle unemployment and spark entrepreneurship, the scheme has already helped thousands of youths turn their ideas into reality. But the latest updates, revealed on August 1, 2025, take it to a whole new level. The government has increased the loan amount from ₹5 lakh to ₹25 lakh and expanded the age eligibility from 40 to 45 years, making it easier for more people to jump into the world of business.
Mukhyamantri Yuva Udyami Yojana- Features
- You can now get up to ₹25 lakh to start or expand your business. The first phase offers ₹5 lakh (100% interest-free), and the second phase allows up to ₹25 lakh with 50% interest subsidy (meaning you only pay interest on half the loan).
- No need to put up your family’s property or assets as security. This makes the loan accessible to everyone, no matter your financial background.
- The age eligibility has been raised to 21–45 years, so more people can apply.
- The ₹5 lakh loan in the first phase is repayable over four years, while the second phase loan (up to ₹25 lakh) has a three-year repayment period.
- You’ll get a 10% subsidy on the project cost to help with initial expenses, especially if you’re from economically backward areas like Bundelkhand or Purvanchal.
- From food carts to manufacturing units, the scheme supports over 650 project ideas, so you’ve got plenty of options.
- Get ₹1 per digital transaction, up to ₹2,000 per year, to encourage cashless payments.
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Who Can Apply?
| Criteria | Details |
| Age | 21 to 45 years |
| Education | Minimum 8th pass (preference for 12th pass or higher) |
| Residency | Must be a permanent resident of Uttar Pradesh |
| Training | Skill training certificate preferred but not mandatory |
| Prior Benefits | Should not have availed similar benefits from other central or state schemes (except PM SVANidhi) |
| Financial Status | Should not be a defaulter with any bank or financial institution |
Mukhyamantri Yuva Udyami Yojana– Benefits
- With interest-free loans up to ₹25 lakh, you can start or grow your business without worrying about crushing interest payments.
- The new 45-year age limit means more people can chase their entrepreneurial dreams.
- Job Creation: Your business could create jobs for others in your community, helping boost the local economy.
- The scheme encourages training and workshops, so you’re equipped with the know-how to succeed.
- Banks now have to explain any loan rejections and give you a chance to fix issues, making the process fairer.
- By supporting young entrepreneurs, the scheme is helping Uttar Pradesh become a powerhouse of innovation and self-employment.
How to Apply of Mukhyamantri Yuva Udyami Yojana
- Go to msme.up.gov.in or yuvasathi.in to start your application.
- Click on “Register” or “Sign-Up” and create an account using your mobile number and an OTP.
- Use your credentials to log in and access the application form.
- Fill Out the Form: Enter details like your personal info, business plan, and educational qualifications.
- You’ll need your Aadhaar card, educational certificates, proof of residency, and a project report outlining your business idea.
- Submit and Track: Submit your application and use the “Track Application” feature to check its status.
FAQs about Mukhyamantri Yuva Udyami Yojana
Who can apply for the scheme?
Anyone aged 21–45, living in Uttar Pradesh, with at least an 8th-grade education, can apply.
Is the loan really interest-free?
Yes, the ₹5 lakh loan is 100% interest-free. For loans up to ₹25 lakh, you get a 50% interest subsidy.
What businesses are eligible?
Over 650 project ideas are supported, but businesses like tobacco or plastic bags (<40 microns) are not allowed.
How do I track my application?
Check the status on msme.up.gov.in or yuvasathi.in using the “Track Application” option.
Do I need a skill certificate?
It’s preferred but not mandatory, making it easier for more people to apply.