With the micro, small and medium enterprise (MSME) sector poised to become a growth engine in terms of providing jobs, self-employment and in turn giving a boost to the economy, the Uttar Pradesh government claimed that employment opportunity would be provided to about one crore people by allocating loans to 20 lakh MSME units by March 2021.
“The MSME sector has been a major booster for overall growth of industrialisation and implementation of infrastructure projects. The government will be giving loans to 20 lakh MSME units through which employment for one crore people can be generated by March 2021,’’ Additional Chief Secretary (MSME and Export Promotion) Navneet Sehgal said here on Thursday.
Speaking as the main speaker at an event organised by Taleem-e-Tarbiyat, Sehgal said that every man was an entrepreneur in himself.
“If a person has ideas, training and capital, then anyone can start a business. The idea could be about ODOP (one district one project) but if one works according to his idea then he will be able to generate employment,” he said.
The additional chief secretary said that the UP government had been providing loans on easy terms and conditions.
“If the entrepreneur has feasible project ideas he can come for loans as the government is facilitating the same through banks,” he added.
Mentioning the immense potential of livelihood in the tourism sector, Union Tourism Ministry’s Additional Director General Rupinder Brar said that this potential would be further expanded after ongoing augmentation of infrastructure and after the end of COVID-19 pandemic.
“The Central and state governments would together make Ayodhya the most beautiful city in the world,” he said.
Avadh University Vice-Chancellor Prof Ravi Shankar Singh emphasised the need of financial literacy. He said financial literacy was a new type of educational revolution and Uttar Pradesh is constantly moving in this direction.
Noted folk singer Malini Awasthi, who also attended the event, said that girls should be imparted skill training so that they could become self-reliant and confident.