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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.
Time of India
24-05-2025
- Business
- Time of India
UP youth take up new careers with CM Yuva scheme
Lucknow: Stating that UP govt's flagship initiative — the Mukhyamantri Yuva Udyami Vikas Abhiyan (CM Yuva) — was rapidly emerging as a game-changer for aspiring young entrepreneurs across UP, an official spokesperson on Friday said that provisions under the scheme were encouraging people to take up new career choices. Tired of too many ads? go ad free now "So far, over 53,000 loan applications have been approved under the scheme, with more than 40,000 beneficiaries already receiving funds to set up their enterprises. Many of them have set up ventures in diverse sectors such as cake manufacturing, laundry services, digital marketing, interior and exterior designing, mineral water plants, tattoo studios and solar panel installation," the spokesperson said. Citing an example, officials said that Prabhnoor Kaur of Kanpur is a case in point. "Prabhnoor received training in cake manufacturing and took a loan of ₹4.25 lakh in Mar 2025 to start her own unit called 'Sweet Sculpt by Kaur'. Her business is running successfully, and she has employed two women," they said. Likewise, Yashwant Vishwakarma of Lalitpur used a Rs 5 lakh loan to start a tattoo studio while Anurag of Jaunpur began a solar panel installation unit with a loan of Rs 4.5 lakh. Both these people became job-givers from being job seekers. Yet another example was that of Aniket Singh in Chitrakoot. "Once a laundry worker in Gujarat, Aniket started his own laundry unit with a Rs 5 lakh loan. He now earns Rs 30,000-Rs 35,000 per month and employs three others," said the spokesperson. Launched in 2018 by the department of micro, small and medium enterprises (MSME), the CM Yuva scheme offers loans of up to ₹5 lakh with no interest or collateral. "This initiative is playing a pivotal role in boosting self-reliance among the youth and contributing to the state's larger goal of becoming a $1 trillion economy," the spokesperson said, reiterating that with a goal of establishing 10 lakh micro-enterprises over the next decade, the UP govt has earmarked Rs 1,000 crore in the 2024-25 budget for the scheme. The application process is entirely online via or
