The Uttar Pradesh government has launched the MYUVA scheme, an initiative to support the state's youth in starting businesses. Under this scheme, permanent residents of Uttar Pradesh aged between twenty-one and forty years can access collateral-free and interest-free loans of up to Rs five lakh. The programme aims to support one lakh new entrepreneurs annually, with a goal of building a network of ten lakh entrepreneurs over the next decade. Eligible candidates must have passed at least Class 8 and hold a technical degree, diploma, ITI certificate, or government-recognized skill training certificate. Applications are processed online through the state MSME and official MYUVA portals.
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