Electronic job

Msme Push Turned Youth From Job Seekers To Job Providers: Yogi | Lucknow News

Lucknow: In a bid to create more jobs in the state, the Uttar Pradesh government staged a mega loan mela on Thursday in which banks pledged to disburse loans worth Rs 2.95 lakh crore to various state MSME units. Speaking on this occasion, Chief Minister Yogi Adityanath said the push of MSMEs through the ODOP program and other policy decisions has transformed UP youth from job seekers to job providers.
The CM said that when he took over as head of state, he inherited a virtually dead MSME sector.
“The unemployment rate before 2017 was around 18%, it has now fallen to just 2.9% as the state has been able to breathe new life into the MSME sector which is the second largest employer of the state after agriculture,” he said. while appreciating the effort and hard work of the owners of these businesses.
“The combined effect of good policy and hard work of MSME unit owners has made UP a land of job providers rather than job seekers,” the CM said. He also said that UP’s credit-debit (CD) ratio has improved from 46% in 2017 to 53% in 2022. He urged banks to encourage young MSMEs and start-ups to that the CD ratio approaches 60% at the latest. end of 2027.
Reiterating his government’s commitment to provide employment to every family in Uttar Pradesh, the CM also said his government is proposing a program to map every household in the state and find out the number of unemployed people in it. The idea is to ensure that every family in the state has at least one member who earns time through service or entrepreneurship.
Referring to the Prime Minister’s vision of enabling Indians to utilize banking services on digital platforms, CM Yogi urged the heads of different banks to train and empower rural youths on the account and spread the services available for their empowerment,
Minister of State Finance Suresh Khanna said that peace and quiet are essential for development and growth and UP wrote history about it under the leadership of CM Yogi Adityanath.
“For generations, UP has been tagged with labels like Bimaru (sick) and badlands. But after the concerted crackdown on criminals, UP has become synonymous with growth and development. UP exports have hit a new high and investors are ready to put their money here,” he said.
Cabinet Minister for MSMEs Rakesh Sachan said UP was the only state that mobilized labor during the pandemic period as a result of which UP was creating jobs while others were in were losing. “In 2020-2021, loans amounting to Rs 2.12 lakh crore were disbursed. to the annual target set for this year. The target for this year is Rs 2.95 lakh crore,” he said.
Additional Chief Secretary, MSME, Navneet Sehgal said the Loan Mela was listed as a key activity in the 100-day action plan and was successfully completed. Referring to Amazon’s digital center in Kanpur, he said it was the second of its kind in the country. “Gujarat had it before UP,” he said.