Lucknow, Feb. 20 -- Uttar Pradesh anticipates a substantial increase in lending to micro, small, and medium enterprises (MSMEs) for the fiscal year 2025-26, with projections indicating a 52 percent rise to Rs 4.46 trillion compared to Rs 2.92 trillion in FY25.

This projection aligns with the state government's strategic initiative to achieve a USD 1-trillion economy, according to State Finance Minister Suresh Khanna.

The National Bank for Agriculture and Rural Development (NABARD) has prepared the UP State Focus Paper, which forecasts a comprehensive credit potential of Rs 7.69 trillion across priority sectors for FY26.

This represents a significant increase of Rs 1.96 trillion, or 34 percent, from the FY25 projections of Rs 5.73 trill...