UP Mukhyamantri Yuva Swarojgar Yojana 2026: Eligibility, Benefits, Documents and How to Apply

The UP Mukhyamantri Yuva Swarojgar Yojana 2026 is a self-employment scheme by the Uttar Pradesh government meant to help unemployed, educated youths set up their own enterprises. The scheme involves loan from banks and margin money from the government to motivate people to become entrepreneurs and create job opportunities in the state.

Through the scheme, eligible candidates will be able to get financial assistance amounting to ₹25 lakh for manufacturing and industrial enterprises and ₹10 lakh for services sector enterprises. The government also offers margin money, thus making it easy for young entrepreneurs to raise the initial capital needed to start an enterprise.

This scheme was introduced in 2018 and its main objective is to promote self-employment and reduce unemployment among the youth of Uttar Pradesh.

UP Mukhyamantri Yuva Swarojgar Yojana 2026: Key Details

• Scheme Name: Mukhyamantri Yuva Swarojgar Yojana
• State: Uttar Pradesh
• Launched By: Government of Uttar Pradesh
• Launch Year: 2018
• Target Beneficiaries: Educated unemployed youth
• Age Limit: 18 to 40 years
• Minimum Qualification: Class 10 pass
• Maximum Loan:  Industry ₹25 lakh
• Maximum Loan: Service Sector ₹10 lakh
• Margin Money Support: 25%
• Official Department: MSME & Export Promotion, Uttar Pradesh

What Is UP Mukhyamantri Yuva Swarojgar Yojana?

The UP Mukhyamantri Yuva Swarojgar Yojana (MYSY) helps eligible youngsters from Uttar Pradesh to create their own ventures.

It includes industrial/manufacturing ventures as well as service sector ventures. The applicants may apply for the scheme for getting bank loan for creation of an eligible venture, while the state government offers margin money assistance as per relevant rules.

Industrial ventures may get a loan of ₹25 lakh, while service sector ventures may be offered loan amounting to ₹10 lakh.

The scheme is very pertinent to educated but unemployed youngsters who would like to be entrepreneurs rather than just being wage earners.

Objective of Mukhyamantri Yuva Swarojgar Yojana

The prime objective of the scheme is to promote entrepreneurship and self-employment among educated youth in Uttar Pradesh.

With the help of financial and institutional support, the government wants to encourage young entrepreneurs to start their own businesses and create job opportunities for themselves and others.

Some of the prime objectives of the scheme are as follows,

• Self-employment among educated youth
• Reducing unemployment rate in Uttar Pradesh
• Financial assistance for setting up new ventures
• Encouragement of manufacturing and service sector projects
• Support to young entrepreneurs in terms of margin money assistance
• Generating more job opportunities

Benefits of Loans & Subsidies Under the Scheme

One of the most attractive features of the scheme is that financial assistance is offered to the eligible candidates.

Loans up to ₹25 lakh can be sanctioned in case of industrial projects.

In case of service sector projects, applicants can get loans up to ₹10 lakh.

The state government gives 25% margin money assistance. The maximum limit of margin money assistance for an industrial project is ₹6.25 lakh and for service sector project it is ₹2.50 lakh.

The scheme thus cuts down on the capital requirement of the entrepreneur himself.

Who Can Apply For UP Yuva Swarojgar Yojana 2026?

Eligibility Criteria

• There are certain criteria that need to be met to apply for the scheme.
• Applicant has to be the permanent resident of the state of Uttar Pradesh and should be within the age group of 18-40 years.
• Minimum educational qualification will be completion of Class 10 examination from a recognized board like UP Board, CBSE or ICSE.
• Applicants should not be currently employed in any Government/private sector organization. Also, they should not be a defaulter of any nationalized banks, financial institution or Government organization.
• It is another important criterion that applicants have not availed any benefit under the schemes like earlier Pradhan Mantri Rozgar Yojana, scheme by respective Chief Minister for employment or any government self-employment scheme.
• Benefits of this scheme can only be availed by one family member at any point of time.
• Affidavit has to be submitted proving their eligibility for the scheme.

Required Documents

Applicants have to be prepared with all required documents prior to filling the online application form.

These will generally include,

• Aadhaar Card
• Bank passbook
• Uttar Pradesh domicile certificate
• Certificate of educational qualification (Class 10)
• Passport size photograph
• Verification related affidavits or other documents

UP Mukhyamantri Yuva Swarojgar Yojana 2026 – How to Apply?

Candidates eligible for the scheme can submit their applications through the UP MSME department’s online portal.

Step 1: Visit the official Portal

Visit the official portal of the UP MSME department for online registration.

Step 2: New Registration

For those who have never registered earlier, click “New Registration” and choose “MYSY Mukhyamantri Yuva Swarojgar Yojana”.

Step 3: Provide Personal Information

Provide your personal information like,

• Aadhar Number
• Name
• Gender
• Birth date
• Father’s Name
• Mobile Number
• Email Address

Step 4: Choose District

Choose the district where you want to apply and give other details as asked in the form.

Step 5: Submit Your Application

Make sure to go through all the information and then submit your application. After submitting, a registration number is created.

Candidates need to keep this number safe for further uses and application status checking.

Step 6: Selection Process and Verification

Beneficiary selection is done by the District Working Group Committee constituted under the chairmanship of the District Magistrate.

Here, the candidate along with his/her project is evaluated as per the scheme criteria.

Step 7: Decision about loan Sanction and disbursement

After the evaluation of technical and economic feasibility of the project, the bank concerned takes necessary decision about the sanction and disbursement of the loan.