WORLD BANK TO HELP MSMEs

LUCKNOW: The World Bank has agreed to fund and help create new infrastructure for micro, small and medium enterprises (MSMEs) and improve the condition of existing ones in Uttar Pradesh. A three-member team of World Bank submitted a report on infrastructure and investment strategy for the identified three sub-regional growth centres on eastern dedicated freight corridor (EDFC) to make each industrial cluster economically viable. The report has been prepared by consulting agency CRISIL under the aegis of World Bank for Agra-Firozabad sub-region, Kanpur-Lucknow-Unnao-Auraiya sub-region and Allahabad-Varanasi subregion. It points out the infrastructure gaps that need to be filled in.