Lucknow: Head of the RK Tewari Secretary on Sunday said the loan was channeled to the MSME unit in the state up 2.5 times in the past 4.5 years.
Inaugurated the Pavilion “India International Trade Fair-2021” in Pragati Maidan in New Delhi, Tewari said the disbursement of loans against MSMEs grew from RS 28,136.00 Crore in 2016-17 to RS 73,765.00 Crore loans at 2020-21.
He said that rising first in this country in terms of forming the MSME unit.
About 90 Lakh units are registered in the state, which is 14.2% of the total units registered in this country.
He said the investment-friendly environment had been created by the government rising while providing time-bound approval / licenses to Act-2020 investors, investors had remained free from any department inspection for 1,000 days by publishing a recognition certificate within 72 hours in 72 hours.
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He said the government over the online loan exhibition was held to ensure the maximum credit flow in the MSME sector.
2.5 times climbing loans to MSMEs in Uttar Pradesh
