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In Last 4 Years 49 Lakh MSME Units Got Over Rs 1,84,000 Crore

“It is concentrating on the development of clusters and taking all the steps for the growth of industries such as helping them with finance, marketing, skill, packaging, raw material and other vital aspects,” he said.

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The Uttar Pradesh government has helped over 49 lakh MSME units in the state get finance of over Rs 1,84,000 crore from various banks over the last four years, said Navneet Sehgal, Additional Chief Secretary, Department of MSME and Export promotion in the last week of January.
 
“With investment to the tune of Rs 1,84,000 crore coming into the MSME sector, we are ready for a big take off,” said Sehgal, while claiming that this is the most conducive time for UP to achieve the target of becoming a trillion dollar economy as visualised by Chief Minister Yogi Adityanath.  

“This year alone bankers have financed over seven lakh new MSME units in the state,” said Sehgal. Highlighting the importance of the One District One Product (ODOP) scheme, Sehgal said that the scheme launched by the chief minister in 2018 is making a lot of difference.

“It is concentrating on the development of clusters and taking all the steps for the growth of industries such as helping them with finance, marketing, skill, packaging, raw material and other vital aspects,” he said.
 
“We have been trying to attach the MSMEs with specialised institutions that could handhold them such as BSE, NSE, QCI, Institute of packaging and the likes,” he said. Sharing information about the flatted factories (multi-storeyed buildings in which multiple non-polluting units can operate), Sehgal said the Government of India is encouraging this concept. “In this regard, we have already sent proposals to the Government of India for setting up flatted factories in Agra, Gorakhpur, Kanpur and Lucknow. This concept works wherever there is problem of land,” he said.
 
He further urged industries to utilise government schemes for the overall development of the state. “Our industry associations such as CII, FICCI, must make their members aware of the efforts being made by the government for industrial development in the state,” he said.


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Magazine 6 March 2021 Yogi Adityanath bjp government