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MSME loans doubled during Yogi rule: UP govt

MSME loans doubled during Yogi rule: UP govt IANS Lucknow: Loans disbursed to the MSME sector have doubled during the rule of BJP government led by Chief Minister Yogi Adityanath, compared with the earlier Akhilesh Yadav-led dispensation, a government spokesperson said Wednesday. The spokesperson said that loans totalling Rs 1,06,068 crore were disbursed during the earlier Samajwadi Party rule, compared with Rs 2,12,454 crore given by the Yogi Adityanath government. Efforts by the Chief Minister to increase investment in the state were yielding results, especially in the Micro, Small and Medium Enterprises (MSME) sector. There are 8.7 lakh MSME units in the state. In the changed environment, the MSME units have not only increased their businesses, but also given employment to more than 3 million persons.

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