- Times of India
2.5 times hike in loans to MSMEs in Uttar Pradesh
Lucknow: UP chief secretary RK Tewari on Sunday said the loans disbursed to the MSME units in the state rose by 2.5 times in the past 4.5 years.
Inaugurating UP Pavilion “India International Trade Fair-2021” at Pragati Maidan in New Delhi, Tewari said loan disbursement to MSME grew from Rs 28,136.00 crore in 2016-17 to Rs 73,765.00 crore loan in 2020-21.
He said that UP ranks first in the country in terms of establishment of
MSME units. About 90 lakh units are registered in the state, which is 14.2% of the total registered units in the country.