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Read more about Govt considers enhancing $41 billion loan-guarantee for small firms: Report on Business Standard. It may allow small companies to borrow an additional 30% of their credit limit, up from 20% announced last year. ....
Highlights Employment to youth in private sector as well. Loans of Rs 61977 crore given to MSMEs till December. New Delhi: In its bid to further increase employment opportunities for the youth in the state, Uttar Pradesh Chief Minister Yogi Adityanath has targeted banks to give 80 thousand crore loans to Micro, Small and Medium Enterprises (MSME) in the next financial year. About 20 lakh MSMEs will benefit from this amount. CM Yogi Adityanath also took major initiative during the Corona period, to provide employment to the youth in private sector as well. Loans of Rs 61977 crore (100.35) have been given to MSMEs till December against the allocated target of 61,759 crore in this financial year with special coordination of the state government. For the first time in the state, MSMEs have been given the highest ever loan under the Yogi government which has helped in providing employment opportunities to millions of youth in the state. Apart from this, CM Yogi has al ....
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