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The state government is giving 5 lakh rupees to start a new business, know everything about it

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New Startup Policy- Yogi government will provide financial help to small businessmen of Uttar Pradesh who are suffering from Coronavirus Pandemic. Businessmen will get help of Rs 5 lakh for marketing their product.



Micro, Small and Medium Enterprises (MSME) will get marketing assistance of up to Rs 5 lakh under the new Start Up Policy 2020. Additional Chief Secretary (Electronics & Information Technology) Alok Kumar Told on Tuesday that the new Start Up Policy 2020 has been released. The policy will be implemented soon, in which large scale incentives will be given to start ups and incubation centers in Uttar Pradesh. Marketing up to Rs 5 lakh for MSME under the new policy Will help.



According to the statement-hoping for 50 thousand people to get jobs, this startup policy will provide 50,000 job opportunities to 50,000 people, while 1 lakh people are expected to get indirect jobs in the state. According to a report, the state’s IT and Electronics department is working on further plans in collaboration with Small Industries Development Bank of India to help startups and MSMEs.

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Apply here, the statement said that the Startup Policy will be valid for 5 years from the notification date. Online application will be made by MSME in these District Industries Center. After this, they can get facilities in 72 hours. Let us know that the central government has announced many kinds of help to promote the MSME sector. These include incentives to increase business as well as subsidy on loan interest.



The number of members of the PHDCCI (PHD Chamber of Commerce and Industry) Chamber is more than one and a half lakh and 70 percent of them are MSMEs. The Chamber is working closely with the government to make India an industrial hub.

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