Latest news with #CMYUVAScheme
Time of India
30-07-2025
- Business
- Time of India
CM YUVA scheme turning job seekers into job creators, says CM
1 2 Lucknow: Chief Minister Yogi Adityanath on Wednesday said the CM YUVA Scheme has emerged as a transformative instrument of social change enabling lakhs of youth across the state to embark on a journey from self-employment to self-reliance. Speaking at the inaugural function of the 2-day CM YUVA Conclave and Expo 2025 here, the CM said: "This initiative has proved to be an enabler for lakhs of youths. Many of them have now become full-time job-givers. The officials and department must ensure that at least 50 youth from each district visit the CM YUVA Conclave and Exhibition so they can gain first-hand knowledge about various govt schemes, startup resources and market opportunities. " He said over 68,000 youth have so far received interest-free and collateral-free loans amounting to Rs 2,751 crore under the scheme. "This is not just a scheme—it's a movement. A golden opportunity for every youth who has a dream but lacks resources," he said."It is not just a financial aid programme, but a robust platform providing mentorship, market access, and essential resources to empower young entrepreneurs. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Villas For Sale in Dubai Might Surprise You Dubai villas | search ads Get Deals Undo The state govt is offering 10% margin money assistance to support budding entrepreneurs further," he said. The CM also launched the 'UP Mart'—a portal for machinery suppliers, aimed at easing access to essential tools and equipment for startups, besides witnessing the signing of 17 MoUs to boost entrepreneurship in the state. Addressing university vice chancellors and youth, the CM expressed concern over the growing disconnect between academic institutions and society. "Our institutions are becoming isolated islands, increasingly cut off from the people and government schemes. This disconnect is dangerous," he said. He pointed out that due to a lack of information, many young people fall prey to fraudulent schemes, get burdened by debt, and are often left with no choice but to migrate in search of opportunities. "But now, this cycle will cease to exist… thanks to this scheme," he said. Reflecting on the 2017 Lok Kalyan Sankalp Patra of the BJP, prepared under the guidance of Prime Minister Narendra Modi, the Chief Minister said a commitment was made to promote traditional industries through a dedicated scheme. Acting on this, a statewide survey was conducted post-2017, which revealed that every district had unique traditional enterprises. However, due to corruption, lawlessness, and large-scale migration, these industries nearly collapsed. Turning this challenge into an opportunity, the state govt launched the One District One Product (ODOP) scheme in 2018. "What began as a revival initiative has today become a national brand," Yogi said, noting that the scheme helped boost UP's exports from Rs 86,000 crore to over Rs 2 lakh crore. "Earlier, Chinese products flooded the markets during festivals. Today, locally made ODOP items are finding a place in every household," he said. He added that the Vishwakarma Shram Samman Yojana launched in 2019, was offering training, toolkits and dignity to traditional artisans. "A society that doesn't respect its artisans has no future," he stressed. Yogi also announced that products from Uttar Pradesh will be prominently featured at the International Trade Show scheduled from Sep 25 to 29, 2025, at the India Expo Centre in Noida. "The buyer-seller meet held at this event has become a massive platform for showcasing the state's potential. No one would have imagined such innovation and enterprise from UP just a few years ago. From 4 lakh participants in the first year to 5 lakh in the second, the show is pushing forward our vision of taking local products to the global stage," he said. The event was attended by MSME minister Rakesh Sachan, chief secretary Manoj Kumar Singh, additional chief secretary Alok Kumar, vice chancellors from various universities and other dignitaries.
Time of India
30-07-2025
- Business
- Time of India
Beneficiaries credit CM YUVA Scheme for self-reliance and job creation
1 2 3 4 5 6 L ucknow: Beneficiaries of the CM YUVA Scheme have hailed the state govt-run programme for transforming their lives from initially becoming self-reliant to being job creators. This was revealed during an interaction with some of the beneficiaries at the CM YUVA Conclave and Expo that began here on Wednesday. One of them, Prabhnoor Kaur, a professional baker trained in Bengaluru, dreamt of starting her own venture in Kanpur but had limited resources to take the first step. Taking her leap of faith, she applied for a loan under the CM YUVA Yojana through the District Industries Office. "After due diligence and paperwork, I received a loan of Rs 4.25 lakh. With this, I started a luxury bakery studio which has given jobs to at least 10 others," she said. A traditional wooden toy maker from Lucknow, Vijay Pandey, got his loan application processed in 20 days. "My workshop has given jobs to 15 people from my neighbourhood. Their work is now being supplied to 16 districts across the state," he said. Recalling that he came to know about the scheme through social media, he added: "Initially, I had doubts… but when things rolled, I could not thank the govt enough for changing my fate." by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Top 15 Prettiest Icons In The History The Noodle Box Undo Shashank Chaurasia, a pharmacist employed in Bengaluru, took his way home to follow his passion for photography. "With the support from the CM YUVA Yojana, I established a studio specialising in wedding and commercial photography. The support not only fulfilled my desire, but it also allowed me to pursue my passion while earning enough. Even better is that I was able to change the life of some people." Tuba Siddiqui, a biotechnologist from Lucknow, has made her mark in eco-friendly cleaning products. Initially hesitant to take a loan, she was encouraged by the simplicity and transparency of the CM YUVA Yojana. "I have not only helped myself but also given a better life to 10 people, and I feel proud of it," she said. Likewise, Amardeep Singh, a physiotherapist from Sitapur, was constrained by family responsibilities and financial hardship. A friend informed him about the CM YUVA Yojana, through which he secured funding to open a recovery centre. Now, he is not only self-employed but also supporting 4-5 others. "This scheme gave me the courage to start something of my own and transformed the direction of my life," he said.
