Which Govt has launched 'Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA)'?

Daily Current Affairs

Telangana

Jharkhand

Uttar Pradesh

Andhra Pradesh

Correct Answer : Uttar Pradesh

In Uttar Pradesh, Chief Minister Yogi Adityanath has launched an initiative to support young entrepreneurs called “Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA).” This program offers interest-free loans to help young people kickstart their business ventures with projects valued up to Rs 5 lakh.

Key points of the “Mukhyamantri Yuva Udyami Vikas Abhiyan (MYUVA)” scheme are as follows :

* Interest-Free Loans : The scheme offers interest-free loans to young entrepreneurs for projects valued up to Rs 5 lakh.
* Annual Target : The government aims to prepare one lakh young entrepreneurs every year through this initiative.
* Financial Allocation : A substantial budget of Rs 1,000 crore has been allocated for the fiscal year 2024-25 to support the implementation of the scheme.
* Empowerment of Educated and Skilled Youth : MYUVA targets educated and skilled youth across the state, providing them with opportunities for self-employment.
* Eligibility Criteria : Beneficiaries include individuals who have undergone training in various government-supported schemes and those with educational qualifications.

* Repayment and Expansion : Successful repayment of the initial loan qualifies participants for second-stage financing, enabling them to expand their businesses further.
* Digital Transactions and Grants : The scheme promotes digital transactions in business operations and provides grants to encourage the adoption of digital payment methods.
* Online Application Process : Applying for assistance is simplified through an online platform, ensuring accessibility for aspiring entrepreneurs.
* Collaboration with Financial Institutions : Financial support is provided in collaboration with banks and other financial institutions, facilitating widespread access to funding opportunities.

Empowering Young Entrepreneurs in Uttar Pradesh :

MYUVA is dedicated to encouraging young people in Uttar Pradesh to become entrepreneurs by offering them the essential support and resources to establish and expand their businesses. Supported by substantial funding and meticulous planning, MYUVA aims to provide the necessary assistance to young entrepreneurs and enhance the state’s economy.

Published On : March 5, 2024

Which State of United States is Known as “The Centennial State”?

Colorado holds the distinction of being known as “The Centennial State” among the United States. This nickname stems from its admission into the Union in 1876, precisely 100 years after the signing of the Declaration of Independence. Symbolizing both historical significance and patriotic pride, the title highlights Colorado’s role in commemorating the nation’s centennial while underscoring its rich heritage and contributions to American history.

The Origin of the Nickname “The Centennial State” :

Colorado earned the moniker “The Centennial State” due to its admission into the Union in the year 1876. This year held special significance as it marked the centennial anniversary of the signing of the Declaration of Independence, a pivotal event in American history. The timing of Colorado’s statehood celebration perfectly aligned with the nation’s centennial celebrations, hence the fitting nickname.

Published On : May 13, 2024

Q .

International Day of Plant Health 2024 Observed on?

9th May

10th May

11th May

12th May

Correct Answer : Option (D) - 12th May

The International Day of Plant Health (IDPH) is observed annually on 12 May to raise awareness about the critical importance of protecting plant health. This global initiative aims to prevent hunger, reduce poverty, safeguard biodiversity, and promote economic development worldwide. This year, the International Day of Plant Health falls on Sunday, 12 May 2024, coinciding with Mother’s Day, an event that recognizes the love, care, and sacrifices of mothers.

Theme: ‘Plant Health, Safe Trade, Digital Technology’ :

The theme for the International Day of Plant Health 2024 is ‘Plant Health, Safe Trade, Digital Technology.’ This theme emphasizes the need for international collaboration, standards, and the integration of digital technologies to promote plant health and ensure safe trade practices.

History and Significance :

The United Nations established the International Day of Plant Health to draw public attention to the necessity of safeguarding plant health. The resolution was unanimously adopted by the UN General Assembly in March 2022 and co-sponsored by several countries, including Bolivia, Finland, Pakistan, the Philippines, Tanzania, and Zambia.

The resolution highlights the crucial role of healthy plants in sustainable agricultural development, supporting a growing global population by 2050. It also acknowledges the functions of plants in regulating ecosystems, providing food security and nutrition, and promoting biodiversity.

Published On : May 13, 2024

Q .

Which Indian City is Known as 'City of Bridges'?

Mumbai

Pune

Surat

Bengaluru

Correct Answer : Option (C) - Surat

Surat earned the title "City of Bridges" due to its extensive network of over 120 bridges, surpassing any other city in India.

Which Indian City is Known as “City of Bridges”?

The Indian city known as the “City of Bridges” is Surat, located in the state of Gujarat. Surat boasts an impressive number of bridges, surpassing any other city in India. With over 120 bridges spanning rivers and connecting various parts of the city, Surat’s infrastructure facilitates smooth transportation for its residents. This abundance of bridges has earned Surat its distinctive title, highlighting its significance as a hub of connectivity and urban development.

Why is Surat Known as the “City of Bridges”?

Surat earned the title “City of Bridges” due to its extensive network of over 120 bridges, surpassing any other city in India. Situated along the banks of the Tapi River and close to other water bodies, Surat’s strategic location necessitated the construction of numerous bridges for seamless connectivity. These bridges play a vital role in facilitating smooth transportation within the city, earning Surat its reputation as a hub of connectivity and urban development.

Published On : May 13, 2024