Taking a multipronged approach to boost industrialisation and attract investment, the Yogi Adityanath government is now working on a policy to revive sick industrial units in the state.
While, the government has already announced its industrial and investment policy apart from similar policy frameworks in other key sectors, including textiles, tourism, electronics manufacturing and food processing, a slew of complementary policies viz. sick units policy and general start-up policy are also in the wings.
According to the union ministry of Micro, Small and Medium Enterprises (MSME), there were 77,761 sick units in UP with a total loan outstanding amount of