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MSMEs: After govt push, city MSMEs, agri sector got loan boost post-lockdown

Synopsis Under MSME category, loans were given to chikan and zardozi embroidery startups, packaging, printing, food processing, furniture, rice and wheat mills, iron craft and plumbing. Getty Images Apart from MSME, banks gave approximately Rs 804 crore for agriculture against the target of Rs 2,406 crore and Rs 381 crore for crop loan against the target of Rs 789 crore. (This story originally appeared in on Apr 05, 2021)LUCKNOW: Ruby Fatima (32), a Faizullaganj-based small scale entrepreneur, is happy that she has finally been able to make her mark after a long struggle of 17 years. Ruby, who runs a chikan embroidery startup, RF Creation, with at least two dozen employees, says her unit now fetches a turnover of Rs 1.5 lakh per month which used to be her annual income before coronavirus pandemic.

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