UP govt announces US$ 120.4 million (Rs. 1,000 crore) scheme for youth to create self-employment

On Monday, the government of Uttar Pradesh took a significant step towards fostering economic empowerment with the introduction of the Mukhyamantri Yuva Udyami Vikas Abhiyan. This ambitious initiative, amounting to US$ 120.4 million (Rs. 1,000 crore), is crafted to extend financial support to educated and skilled youth in the state. The program's primary objective is to facilitate the creation of self-employment opportunities and the establishment of micro-industries.

Under the Mukhyamantri Yuva Udyami Vikas Abhiyan, the government aims to harness the potential of the educated and skilled demographic by providing them with the necessary financial resources. This strategic allocation seeks to empower the youth to explore entrepreneurial endeavors and contribute to the micro-industrial sector's growth. The initiative aligns with the broader vision of promoting self-sufficiency and economic development among the youth of Uttar Pradesh.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.