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President Kovind launches UP Govt’s One District One Product (ODOP) scheme

Updated: Aug 10, 2018 07:12:30am
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President Kovind launches UP Govt’s One District One Product (ODOP) scheme

Lucknow, Aug 10 (KNN) Uttar Pradesh Government’s much awaited ‘One District, One Product’ (ODOP) scheme has been launched by President of India Ram Nath Kovind in the city today.

The scheme aims at promoting one traditional industry in every district such as lock industry in Aligarh, silk-weaving in Varanasi and biscuit-making in Amethi.

Uttar Pradesh Chief Minister Yogi Adityanath and UP Governor Ram Naik were also present during the inaugural programme which is currently underway in the city.

During the event, Adityanath spoke in details about ODOP and said there are immense opportunities available for micro, small and medium enterprises (MSMEs) in the state. He said under through this programme, the state government aims to create almost 5 lakh jobs every year for youth.

He said the government is optimistic that through this migration of youth will decrease as they will get jobs in their hometowns only.

Under ODOP, Rs 250 crore loans will be disbursed to start-ups, CM Adityanath added.

The ODOP summit will see the state government offer Rs 1,000-crore soft loans to artisans, craftsmen and entrepreneurs. It’s mostly the most-backward castes (MBCs) and schedule castes (SCs) that are associated with traditional industries.

The loan sanction letters would be distributed under various schemes like MUDRA, PMEGS, Start-up India etc.

The state government is in touch with Amazon that will provide marketing support to traditional industries in nine districts, including Varanasi, Allahabad, Lucknow and Gorakhpur. (KNN Bureau)

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