Uttar Pradesh’s Minister of Micro, Small and Medium Enterprises (MSME) Sidharth Nath Singh on Friday claimed that the UP Government had provided 2.64 crore jobs to people.
During the last four- and-a-half years, four lakh Government jobs were provided directly and 2.60 crore jobs were provided by helping MSMEs, Sidharth Nath Singh claimed during a virtual press conference which was also attended by Navneet Sehgal, Additional Chief Secretary, Information, MSME, Export Promotion, Khadi and Village Industry.
Responding to a question on jobs, Singh said the UP Government had provided four lakh government jobs in the last four-and-half years. He said the Government also provided `2.5 lakh crore loans to MSMEs, which created 2.60 lakh jobs in UP.
He said the UP government had helped 4.41 lakh stressed MSME units by providing them credit under Central Government's Emergency Credit Line Guarantee Scheme (ECLGS) and till date, `12.22 lakh crore had been provided to the stressed MSMEs.
Highlighting the key achievements of the UP Government, the Minister said the UP Investors’ Summit was organised in February 2018. He said the unprecedented success of UP Investors’ Summit 2018 led to the generation of 1,045 investment intents worth more than `4.28 lakh crore across sectors.
Talking about the new opportunities during Covid-19, Navneet Sehgal said the state government set up a dedicated help desk at Invest
UP in April, 2020 and it had attracted more than 96 investment intents, including intents from companies from around 10 countries such as Japan, US, UK, Canada, Germany, South Korea and Singapore, worth around `66,000 crore.
Some of the concrete investment intentions, which have been allotted land include Rs 6,000 crore investments in a data centre by Hiranandani Group, Rs 1,800 crore investment in software manufacturing by Microsoft, Rs 1,100 crore investment in data centre by STT GDC Pvt Ltd. (Singapore), Rs 1,100 crore investments in yeast manufacturing by Associated British Food Plc (AB Mauri) (UK) in Pilibhit.
Sehgal said, “Most notably, Samsung India relocating its investment project of setting up its world’s largest display unit plant in Noida worth Rs 5,000 crore, has made India one of the largest display unit manufacturers in the world.”