* India's First MSME CARE will opening soon * MSME CARE Ghaziabad will Operative w.e.f., 20th March 2026 at SD Complex Near MMG Hospital, G. T. Road- Contact at 9654554545
This scheme is launched by the Uttar Pradesh Government to help young people start their own business or small industry. The government provides interest-free loans, subsidy, and training so youth can become entrepreneurs instead of looking only for jobs.
Objective
• It supports young entrepreneurs to start micro businesses or service units.
• The government connects applicants with banks, training programs, and financial assistance.
• The target is to provide self-employment to about 1 lakh youth every year
Benefits / Subsidy
Benefit Type
Subsidy Linked Interest Free Loan
Coverage
10% Subsidy upto Rs. 50,000
• Interest-free loan up to ₹5 lakhs to start a business.
• No collateral (no guarantee required) for the loan.
• 10% margin money subsidy from the government.
• Grace period for repayment at the start.
• If you repay the first loan successfully, you can get higher loan (up to ₹7.5–10 lakh) in the next phase.
• Entrepreneurship training and business guidance are also provided.
Eligibility
• Age: 21 to 40 years.
• Must be a resident of Uttar Pradesh.
• Minimum education: 8th pass.
• Must have skill training certificate, diploma, or degree from a recognized institute or government skill program.
• Should not already be taking benefits of another self-employment scheme (except some cases like PM SVANIDHI).
• Applicant should not be a bank defaulter.
Documents Required
• Aadhaar Card
• PAN Card
• Passport size photo
• Residence certificate
• Age proof (10th certificate / birth certificate)
• Education certificate (minimum 8th pass)
• Skill training certificate / diploma / degree
• Bank account details
• Business project report
• Vendor quotation (for equipment or machinery)
Application Process
You Can Apply Now in this Scheme by www.msmecare.org or visit your nearest MSME CARE CENTRE.
