Yuva Udyami Yojana 2023: Government is giving this loan to the youth to start their own business, know eligibility and application process Free

Yuva Udyami Yojana 2023: The governments of our country start various schemes from time to time to provide employment opportunities to the citizens. As you all know that the rate of population in our country is increasing day by day. Due to the increasing population, the problem of unemployment is also increasing continuously due to which people are becoming unemployed. In the event of people not having employment, their economic condition becomes very bad and they are not able to take care of their family properly. Yuva Udyami Yojana 2023

Overview of Yuva Udyami Yojana

योजना का नाम	Yuva Udyami Yojana 2023
किस ने लांच की	मध्य प्रदेश सरकार
लाभार्थी	मध्य प्रदेश के नागरिक
उद्देश्य	उद्यम स्थापित करने के लिए ऋण प्रदान करना
आधिकारिक वेबसाइट	msme.mponline.gov.in
साल	2022
योजना आरंभ होने की तिथि	1 अगस्त 2014
योजना के अंतर्गत संशोधन होने की तिथि	16 नवंबर 2017
ऋण राशि	10 लाख रुपए से 2 करोड़ रुपए
आवेदन की प्रक्रिया	ऑनलाइन
ब्याज दर	5%-6%
ऋण वापस करने की अवधि	7 वर्ष

Today’s youth also remain unemployed even after completing their studies. To solve this problem, the government has started the Youth Entrepreneur Scheme. Today, through this article, we will provide information about the purpose, benefits, features, eligibility, necessary documents and process of applying in the scheme etc. of Yuva Udyami Yojana.

What is Yuva Udyami Yojana?

Yuva Udyami Yojana has been started by the Government of Madhya Pradesh on 1 August 2014. Under this scheme, loans will be provided by the banks to the citizens of the state. Citizens can start their own business by getting loan under this scheme. Citizens of all sections of the state can take advantage of the youth entrepreneur scheme.

Under this scheme, along with loans, the benefits of margin money assistance, interest subsidy, loan guarantee and training will also be provided to the citizens of the state. Through this scheme, employment opportunities will be available for the unemployed citizens of the state. This scheme will also prove helpful in reducing the unemployment rate. Under this scheme, the government had amended on 16 November 2017. Yuva Udyami Yojana 2023

Objective of Yuva Udyami Yojana

Madhya Pradesh government has started Yuva Udyami Yojana with the aim of providing loans by banks to all the unemployed citizens of the state to start their employment. If any citizen of the state wants to start his own employment, then he can get loan from the bank under this scheme and can start his own business. Through this scheme, self-employment will be promoted in the state and other citizens will get employment. This scheme will help in making the citizens of the state self-reliant and empowered. Through this the economy will also improve.

Benefits and Features of Yuva Udyami Yojana

The Madhya Pradesh government started the Yuva Udyami Yojana on August 1, 2014.
Under this scheme, loans will be provided by the banks to the citizens of the state to start their own business.

Citizens of all classes can take advantage of this scheme and start their own business.

Along with the loan, the benefit of training in margin money assistance, interest subsidy, loan guarantee will be given under this scheme.

Department of Micro Small and Medium Enterprises is the nodal agency of the Yuva Udyami Yojana
Under this scheme, the citizens of the state can avail loans ranging from Rs 10 lakh to Rs 2 crore.

Under this scheme, women entrepreneurs will have to pay 5% interest rate and male entrepreneurs will have to pay 6% interest rate. Yuva Udyami Yojana 2023

Under this scheme, citizens will be given 7 years for loan repayment.
This scheme was amended on 16 November 2017.
Through this scheme, the citizens of the state will become self-reliant and empowered.
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Eligibility of Yuva Udyami Yojana

Only permanent residents of Madhya Pradesh can avail the benefits of the Yuva Udyami Yojana.
To take advantage of the Youth Entrepreneur Scheme, the applicant must be 10th pass.
To apply for the Yuva Udyami Yojana, the age of the applicant should be between 18 years to 40 years.
If the family of the applicant is an income tax payer, then he will not be given the benefit of this scheme.
If the applicant is a defaulter of any bank, then he will not be given the benefit of this scheme.
To get the benefit of this scheme, the applicant should not be receiving assistance under any other self-employment scheme.

• The benefits of the Yuva Udyami Yojana can be availed only once by the citizens.
• required documents
• Aadhar card
• PAN card
• income certificate
• Address proof
• passport size photo
• mobile number
• 10th class mark sheet

How to apply in Yuva Udyami Yojana?

To apply in the scheme, first of all you have to visit the official website of Yuva Udyami Yojana.
After this the home page will open on your screen.
After coming to the home page, you will have to click on the link to apply under Mukhyamantri Yuva Udyami Yojana.

After this, the list of the department will open on your screen.
From this list, you have to select the department as per your requirement.
Now a new page will open in front of you.
In this page you will have to enter the required information asked like your name, email id, mobile number etc.

After entering all the information, you have to click on the Sign up Now button.
In this way your registration process will be complete.

How to check application status?

For this, first of all visit the official website of Youth Entrepreneur Scheme.
Click on the link of Apply under Mukhyamantri Yuva Udyami Yojana on the home page of the website.
After that the list of departments will be displayed on your screen.
Select your department from it.

Now a new page will be displayed in front of you.
In this page enter your application number under track application.
Finally click on the Go button.
After this the application status will be displayed on your screen.