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Banks Sanction Over 64,000 Loan Applications under CM Yuva Scheme in Uttar Pradesh

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More than 2.5 lakh youth filed loan applications before the state government, seeking loan/assistance under the Mukhyamantri Yuva Udyami Vikas Abhiyan, in the current financial year 2025-26. Over 63,000 youth have been distributed loans in the first six months of the current financial year.

Mukhyamantri Yuva Udyami Vikas Abhiyan is an initiative of the Government of Uttar Pradesh aimed at creating 10 lakh self-employment opportunities over the next 10 years. The scheme focuses on empowering youth by facilitating the establishment of micro and small enterprises. It provides collateral-free and interest-free financial assistance along with comprehensive business handholding support.

Jaunpur secured the top spot in Uttar Pradesh by distributing loans to 2,003 youths, the highest in the state, while Azamgarh secured second place, and Kaushambi stood third in loan distribution to the budding entrepreneurs.

According to official figures, as many as 255,174 youth had applied for loans in just six months, out of which 208,097 applications were sent to banks.

Among these, 64,673 applications got banks’ approval, and 63,009 youths were eventually disbursed with loans for self-employment.

As Jaunpur secured the top spot, its District Magistrate Dinesh Chandra Singh stated that the scheme aims to provide self-employment opportunities to the state’s youth.

2,250 youths received loans under the campaign in Jaunpur. Azamgarh ranked second in the state. A total of 4,285 were forwarded to banks, and 1,859 loans have already been disbursed.

Kaushambi secured third place in providing the benefits of the scheme in the state. A total of 1,299 applications were approved by banks, while 1,185 loans were disbursed.

Among others, Ambedkarnagar ranked fourth, and Jhansi ranked fifth.