Overview

• More than 2.5 lakh youth have applied for loans under the CM-YUVA initiative since its launch
• Banks have sanctioned loans for over 53,000 applicants, with 40,000 beneficiaries already receiving funds
• Special teams of officials have completed outreach at universities and colleges in all 75 districts to identify eligible final-year students and unemployed graduates
• Beneficiaries gain access to up to Rs 5 lakh in interest-free, collateral-free loans paired with technical guidance for their startups
• Women and youth from OBC, SC and minority communities comprise a significant share of applicants who have launched ventures ranging from digital marketing to solar panel installation