New Delhi, Feb. 3 -- The Uttar Pradesh government's MSME Policy 2022 is currently under implementation, with financial benefits extended to industrial units through multiple incentive components, the government informed the Rajya Sabha.

In a written reply, Minister of State for Micro, Small and Medium Enterprises Shobha Karandlaje said that under the policy, incentives are being provided in the form of capital subsidy, interest subsidy, Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) coverage, and reimbursement of employers' contributions.

As per information received from the Uttar Pradesh government, an amount of Rs 135.08 crore has been disbursed to 173 industrial units so far, the Minister said.

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