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UP to provide loans totalling Rs 5,000 cr to MSMEs under ODOP scheme

Adityanath government has tied up with commercial banks for extending credit line

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Virendra Singh Rawat Lucknow
Uttar Pradesh government has tied up with commercial banks for providing loans totalling Rs 5,000 crore to micro, small and medium enterprises (MSME) under its flagship One District, One Product (ODOP) scheme.

The loans would be disbursed to ODOP entrepreneurs on the occasion of Gandhi Jayanti on October 2, 2019, UP principal secretary MSME Navneet Sehgal said.

ODOP, launched in January 2018, is aimed at scaling up traditional industries associated with each of the 75 districts in UP. The Adityanath government has already tied up with e-commerce major Amazon to market ‘UP Khadi’ products over its online platform apart from

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