UP to promote MSMEs in rural areasUP industrial sector

Virendra Singh Rawat

To bolster socioeconomic and industrial development, the Uttar Pradesh government is planning to develop mini-industrial clusters in the rural pockets.

These clusters in 75 districts will create job opportunities and boost the rural economy, thus curbing migration to the urban areas.

According to sources, barren Gram Sabha land would be alloted to industries at the local circle rates.

The state is looking to set up 25,000 greenfield units in the hinterland, and provide several incentives, including 100 percent stamp duty waiver.

The village committees will forward proposals to the respective district administration regarding the availability of barren tracts of Gram Sabha land for allotment.

Since UP is aspiring to become India’s first $trillion economy, the Yogi Adityanath government is leveraging the MSMEs as a potential growth engine for economic development and jobs.

MSMEs contribute 60 percent to UP’s annual industrial output, thus forming the backbone of the ‘Make in UP’ agenda, and in the process charging up other sectors.

UP is renowned for traditional industries such as Varanasi for Banarasi silk sari, Bhadohi (carpet), Lucknow (chikan), Kanpur (leather goods), Agra (leather footwear), Aligarh (lock), Moradabad (brassware), Meerut (sports goods), Saharanpur (wooden products) etc.

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