UP Mukhyamantri Swarojgar Yojana Online Application Form / Registration / Login at diupmsme.upsdc.gov.in Portal

The UP Mukhyamantri Swarojgar Yojana (UCMYSSY) is a flagship scheme of the Government of Uttar Pradesh that aims to promote self-employment among the educated but unemployed youth of the state. The scheme provides financial assistance to eligible candidates to set up their own businesses in the industrial or service sector.

The UCMYSSY was launched in 2016 and has since benefited over 1 million youth in the state. The scheme is open to both male and female candidates between the ages of 18 and 40 years. The maximum loan amount available under the scheme is Rs. 25 lakhs for the industrial sector and Rs. 10 lakhs for the service sector.

Benefits of the UCMYSSY

The UCMYSSY offers a number of benefits to eligible candidates, including:

  • Financial assistance to set up their own businesses
  • Subsidy on interest rates on loans
  • Training and skill development programs
  • Access to government schemes and programs
  • Priority in government procurement contracts

Eligibility Criteria for the UCMYSSY

To be eligible for the UCMYSSY, candidates must meet the following criteria:

  • They must be permanent residents of Uttar Pradesh
  • They must be between the ages of 18 and 40 years
  • They must be educated up to at least the high school level
  • They must not be defaulters of any nationalized bank or financial institution
  • They must not have availed benefits under any other self-employment scheme run by the Central or State Government
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How to Apply for the UCMYSSY Online

To apply for the UCMYSSY online, candidates must visit the official website of the Directorate of Industries and Enterprise Promotion (DIUP), Government of Uttar Pradesh (https://diupmsme.upsdc.gov.in/).

On the website, candidates must click on the “UCMYSSY” tab and then on the “Apply Now” button. This will take them to the online application form.

The online application form must be filled up carefully and all relevant documents must be attached. Once the form is submitted, candidates will receive a confirmation email.

Selection Process for the UCMYSSY

Applications for the UCMYSSY are screened by a committee of experts. The committee selects candidates based on the following criteria:

  • The feasibility of the business proposal
  • The educational qualifications and skills of the candidate
  • The financial background of the candidate
  • The social category of the candidate

Disbursement of Loans under the UCMYSSY

Once a candidate is selected for the UCMYSSY, they will be required to submit a detailed project report to the DIUP. Upon approval of the project report, the loan will be disbursed to the candidate through a designated bank.

Repayment of Loans under the UCMYSSY

Loans under the UCMYSSY are repayable over a period of 5 years, with a moratorium period of 1 year. The interest rate on loans is subsidized by the Government of Uttar Pradesh.

Conclusion

The UP Mukhyamantri Swarojgar Yojana is a great opportunity for educated but unemployed youth in Uttar Pradesh to start their own businesses and become self-employed. The scheme offers a number of benefits to eligible candidates, including financial assistance, training and skill development programs, and access to government schemes and programs.

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