CM Yogi distributes Rs100 cr loans among 2,500 budding bizpersons

Gorakhpur: Reaffirming his govt's commitment towards fostering entrepreneurship among Uttar Pradesh's youth, Chief Minister Yogi Adityanath on Thursday distributed Rs 100 crore in loans to 2,500 beneficiaries from Gorakhpur and Basti divisions under the Mukhyamantri Yuva Udyami Vikas Abhiyan.The CM also handed over toolkits to 2,100 trainees under the One District, One Product (ODOP) scheme.Speaking at the Baba Gambhirnath Auditorium, he announced a major push towards creating 10 lakh young entrepreneurs in the state, in line with Prime Minister Narendra Modi's vision of empowering the next generation. The Mukhyamantri Yuva Udyami Vikas Abhiyan, launched on Jan 24, has received an overwhelming response, with nearly 2.5 lakh applications in just over a month—far surpassing the initial target of one lakh for the year.So far, Rs 931 crore in loans have been sanctioned to 24,000 beneficiaries, with Rs 410 crore already disbursed to 10,500 applicants. For Gorakhpur and Basti divisions alone, Rs 67.14 crore was sanctioned for 1,440 beneficiaries, with Rs 25.80 crore previously distributed to 575 applicants. Thursday's event saw an additional Rs 100 crore being allocated to support more budding entrepreneurs. Highlighting India's rapid economic growth, Yogi stated that the country is set to become the third-largest economy within two years, with young entrepreneurs playing a crucial role. He urged them to remain patient, assuring them that capital and prosperity would follow.The CM further announced that Rs 1,000 crore was allocated until March 31 to support new entrepreneurs, with another Rs 1,000 crore set aside from April 1 to develop one lakh more entrepreneurs across UP. The event was attended by several dignitaries, including MSME minister Rakesh Sachan and MP Ravi Kishan. The beneficiaries get Rs 5 lakh cheques, ODOP toolkitsChief Minister Yogi Adityanath handed over Rs 5 lakh cheques to young beneficiaries under the Mukhyamantri Yuva Udyami Yojana. Among those who received the financial assistance were Vishnu Kumar Kashyap, Ratnakar Maurya, Khushbu Jaiswal, Rajat Kumar, and Soni Mishra from Gorakhpur; Kiran and Nageshwar Maurya from Maharajganj; Ankit Mishra and Prem Kumar from Deoria; Harilal Saini and Armaan Hussain from Kushinagar; Harsh Gautam and Abhishek Kumar from Basti; Brijesh Kumar from Siddharthnagar; and Amritansh Chaturvedi from Sant Kabir Nagar.The CM also handed over ODOP toolkits to beneficiaries from various districts. The recipients included Draupadi Devi, Babita Mishra, Shweta Singh, and Sparshika Chaturvedi from Gorakhpur; Ashish Kumar Patel and Anurag Dwivedi from Maharajganj; Shalu Kushwaha and Premlata Kushwaha from Deoria; Suchit Sharma and Angad Kushwaha from Kushinagar; Omkar Sharma and Anurag from Basti; Arjun Chaudhary from Siddharthnagar; and Sakshi Pathak from Sant Kabir Nagar.
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