State
Uttar Pradesh
-
September 15, 2018
Mukhyamantri Yuva Swarozgar Yojana
Self Employment
Summary
This UP scheme aids natives aged 18-40 with family income under ₹3 Lakh. It offers 25% margin money (up to ₹ 6.25L) that converts to a full grant after two years of successful operation. The goal is to boost local self-employment in manufacturing and services.
Eligibility
- The age of the candidate should be between 18 and 40 years.
- The annual family income of the applicant should be less than ₹3 lakh.
- The applicant must be a permanent native of Uttar Pradesh.
Documents
- Aadhaar Card of the Applicant
- Age Certificate
- Ration Card
- The applicant must be a native of Uttar Pradesh
Subsidy/Benefits
- The state government provides margin money, which is converted into a grant after two years of successful enterprise operation.
- General Category: 25% of the project cost (maximum ₹6.25 lakh for manufacturing, ₹2.50 lakh for service sector).
- Special Categories (SC/ST/OBC, Women, Disabled): A higher percentage of the project cost is provided as margin money
- Textile: Includes employment generation subsidies (₹3,200/worker/month), electricity duty exemption (10 years), freight reimbursement (75%), and land cost subsidies for new textile/garment units.
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