ENA State 2020-08-19 07:04:32 <p><strong>New Delhi, Aug 19 (KNN)</strong> Micro, Small and Medium Enterprises (MSMEs) in Uttar Pradesh will get a cash aid upto Rs 5 lakh as marketing assistance under a new start-up policy 2020 which aimed at extending support and encouragement to start-ups and incubation centres in the state.</p> <p>Additional Chief Secretary (Electronics and Information Technology) Alok Kumar while addressing a virtual conference on Role of Information Technology in transforming MSMEs' future during COVID-19 said, Under the new policy, there is a window of up to Rs 5 lakh as marketing assistance to MSMEs. </p> <p>Kumar also said the Department of IT &amp; Electronics is working hand in hand with SIDBI to facilitate venture capital funding for new start-ups and MSMEs.</p> <p>Additional Chief Secretary, Department of MSME, Khadi &amp; Village Industries, Navneet Sehgal said with the help of information technology now, almost all District Industries Centre (DICs) are online.</p> <p>''Most of the government schemes for the MSMEs and other units are posted online now and can be accessed and availed online,'' he added.</p> <p>UP IT and Electronics Minister Ajit Singh Pal said with the optimum use of Information Technology, MSMEs will transform the nation into a new India where IT will play an important role that will lead the country as a major player in the global economic competition.</p> <p><iframe frameborder="0" height="500" id="mgiframe" src="//mg.mgid.com/mghtml/framehtml/c/k/n/knnindia.co.in.338951.html" width="100%"></iframe></p> 25585 https://knnindia.co.in/news/newsdetails/state/up-to-give-upto-5-lac-to-start-ups 2020-08-19 07:04:32 knnindia.co.in