Lucknow: Addressing the country, Prime Minister Narendra Modi announced an economic package of 20 lakh crore rupees. On Wednesday, Finance Minister Nirmala Sitharaman held a press conference to give detailed information in this regard. During this time she made important announcements for many other sectors including Micro Small and Medium Industries (MSME).
Just after the Finance Minister’s Press Conference, Uttar Pradesh Chief Minister Yogi Adityanath announced to start an online loan fair in the state from Thursday, May 14. He said that under this, loans ranging from 1600 crores to 2000 crores will be provided to MSME entrepreneurs on the very first day. Along with this, CM Yogi also welcomed the announcements of Finance Minister Nirmala Sitharaman.
In his statement, CM Yogi said that I express my heartfelt gratitude for this announcement. He said that most of the units related to the MSME sector are in Uttar Pradesh only. With the inspiration of Prime Minister Narendra Modi, we also started the One District-One Product Scheme to accelerate this unit. But it was interrupted due to the Covid-19 crisis. But the announcement made today for the MSME sector will give it momentum.
From tomorrow, we are going to start an online loan fair for MSME sector. Around 36000 business persons will get loan worth Rs 1600 – Rs 2000 crore tomorrow: Uttar Pradesh Chief Minister Yogi Adityanath https://t.co/OP4Ull15qM
— ANI UP (@ANINewsUP) May 13, 2020
He further said that the finance minister announced a loan of Rs 3 lakh crore for this sector, as well as the arrangements made to solve the EPF problem of the workers working in this sector, are praiseworthy. I welcome it.
CM Yogi said that I am happy to inform that the UP government is going to start an online loan fair for entrepreneurs working in the MSME sector from Thursday. On the first day, 36 thousand entrepreneurs of this sector will be given loans ranging from 1600 crores to two thousand crores. He said that the Finance Minister and the Prime Minister have made a big announcement to give strength to the MSME sector. This will accelerate our efforts to become a vocal for the locals.
Mustakim is our resident guy with a degree in English Literature, he LOVES to write about Entertainment and loves to explore the latest world Technology News around the Globe. It’s always interesting to read what he posts. Mustakim keeps things very, very interesting indeed. He also writes for another Entertainment website on the Internet.