UP to set up 33,000 micro units in FY10

Image
Virendra Singh Rawat New Delhi/ Lucknow
Last Updated : Jan 25 2013 | 2:49 AM IST

The Uttar Pradesh government today made a budgetary proposal to establish 33,000 micro enterprises during the next fiscal (2009-10) to generate about 130,000 employment opportunities.

At present, there are an estimated 350,000 micro, small and medium enterprises (MSMEs) in the state that provide employment to millions in rural, semi-urban and urban areas.

These MSMEs mainly span leather, paper, chikan, handicraft, machinery, auto ancillary units, plastic, brassware, textile, glassware, food processing, carpet, medicine and chemical industries.

According to its proposal, the state government will also develop 78 clusters under the Cluster Development Scheme. Under this programme, the government gives generous grant, besides other facilities and sops, such as training, marketing and credit.

The cluster development programme pertains to forming a group of homogeneous industries to enjoy a host of benefits. It is aimed at improving the competitiveness through technology upgrade, facilitate development of new products, improve production process, improve quality of products and establish marketing linkages in domestic as well as international markets.

The state government further proposes providing employment to 30,000 weavers by producing 620 million metre handloom cloth.

Besides, it will introduce ‘Modernisation and Integrated Development Scheme for Powerloom Sector’ for which a provision of Rs 5 crore has been made in the Budget.

Under the Mukhya Mantri Gramodyog Rozgar scheme, the state targets establishing 6,500 new village industrial units to provide employment opportunities to 52,000 people.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 16 2009 | 12:21 AM IST

Next Story