Yogi Adityanath welcomes MSME measures, announces online loan fair worth Rs 2,000 crore

Shortly after Finance Minister anunced major schemes and relief measures for MSME sector, Uttar Presh Chief Minister welcoming measures revealed that UP would provide loans amounting to Rs 2000 crores to over 36,000 MSME unit workers for tomorrow. "From tomorrow, we are going to start an online loan fair for MSME sector. Around 36,000 business persons will get a loan worth Rs 1600 - Rs 2000 crore tomorrow," said UP CM.

Finance Minister Nirmala Sitharaman on Wednesday anunced a Rs 3 lakh crore collateral-free automatic loan schemes for Micro, Small and Medium Enterprises along with five or major boosters aimed to revive sector most hit with ecomic woes. Yogi ityanath lauded Centre for this decision revealing that UP h largest number of MSME units across country.

"Today Finance Minister anunced a major deciison for MSME sector. I would like to thank PM Modi, and Finance Minister Nirmala Sitharaman for this anuncement from bottom of my heart. MSME sector is something that Uttar Presh really thrives on, UP has largest number of units when it comes to MSMEs," said Yogi ityanath.

"With help of PM we are alrey working on our 'one district, one product', scheme to push forward MSME sector, however, Corona really affected it. But today specific measures have been anunced by Centre for MSME units, including EPF. This will help  workers in this sector and I welcome m," he ded. 

Re: Govt Changes Definition Of MSMEs, Revises Investment Limit; Here's What Is Different

Re: FM Nirmala Unveils India's Rs 20 Lakh Crore Pack: FULL List Of First 15 Measures Here