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.
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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.
MSME loans doubled during Yogi rule, says UP govt daijiworld.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from daijiworld.com Daily Mail and Mail on Sunday newspapers.
MSME loans doubled during Yogi rule
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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
on 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
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.