Lucknow, June 28 (KNN) The Uttar Pradesh government to come up with a new MSME policy to assist investors and facilitate ease of doing business in the state, said Rakesh Sachan,MSME minister.

Speaking at the two-day Uttar Pradesh MSME seminar organised by ASSOCHAM on Monday, he said “the state government is taking several steps for the convenience and encouragement of small entrepreneurs and investors.”

“This includes no objection certificate (NOC) being issued within 72 hours to entrepreneurs investing in the state,” he added.

The state will hold a big loan fair across the state on June 30. Loans will be made available to one-lakh handicraftsmen, artisans and small entrepreneurs.

A mega cluster of leather businesses is being set up in Kanpur.

Earlier this month, the state government  in the third Uttar Pradesh Investors Summit, laid the foundation stone of 1,406 projects worth over Rs 8,000 crore.

The projects were in diverse fields, including agriculture, IT and Electronics, MSME, manufacturing, renewable energy, pharma, tourism, defence and aerospace, handloom and textile.  (KNN Bureau)