Lucknow: As many as 13 lakh MSME units in Uttar Pradesh have been given loans worth Rs 42,700 crore in the financial year 2020-21, the state government said on Saturday.
This is also for the first time in the history of the state that such a large amount of loan has been given to the MSME sector in a year. This has also generated 65 lakh direct and indirect employment opportunities in the private sector, an official release issued here said on Saturday. About 14 per cent of the country’s micro small and medium enterprises (MSME) are operational in Uttar Pradesh, the release noted.
Navneet Sehgal, additional chief secretary, MSME, recently reviewed the steering sub-committee of the State Level Banker”s Committee (SLBC) and gave instructions for early disposal of pending applications for acceptance and distribution at the bank-level under various government schemes including Prime Minister Employment Generation Programme (PMEGP), ODOP, Mukhyamantri Yuva Swarojgar Yojana (MYSY), the release said.
