PM highlights Rs.10,000cr special fund for MSMEs
The Prime Minister, Narendra Modi, says Namo Bharat Rapid Rail and the Meerut Metro route in Meerut, provides a magnificent glimpse of what connectivity will look like in a Developed India.
He described the project, inaugurated on 21 Feb, as a new surge of energy for a ‘Viksit Uttar Pradesh’ and a ‘Viksit Bharat’.
During his visit, the Prime Minister travelled on the Meerut Metro and interacted with students and passengers.
For the first time in India, Namo Bharat and Metro rail will run on the same track and station, he highlighted, pointing out that this integration allows commuters to travel within the city or go directly to Delhi.
“The government’s investment in modern infrastructure—including expressways, freight corridors, and the Jewar International Airport is creating vast employment opportunities. These projects attract new industries and business to the region,” the Prime Minister underlined.
PM Modi also highlighted a Rs.10,000 crore special fund in this year’s union budget which will make loans easier for MSMEs.
He also pointed out the Mahatma Gandhi Gram Swaraj Yojana to help weavers reach global markets. The Rs.10-lakh limit on sending goods via courier has been removed, allowing small entrepreneurs in Meerut and across UP to sell directly to customers in the US and Europe via online apps.
“UP is being transformed into a manufacturing hub, and recently the foundation for the state’s first semiconductor factory was laid. A developed Uttar Pradesh is essential for a developed India,” said PM Modi. Fiinews.com
