Lucknow, March 3 -- To foster entrepreneurship among the youth of Uttar Pradesh, Chief Minister Yogi Adityanath's ambitious scheme, "Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA)," is set to be launched soon.

CM Yogi has directed officials of the Micro, Small, and Medium Enterprises (MSME) Department to promptly devise a comprehensive action plan for the initiative and submit it to the government as soon as possible.

Under this scheme, the Yogi government aims to prepare one lakh young entrepreneurs every year by providing interest-free loans for projects of up to Rs 5 lakh. The government has allocated Rs 1,000 crore in the budget for the financial year 2024-25 to support this initiative.

This innovative scheme is designed to empower...