Gorakhpur’s terracotta craftsmen to get easy bank loans

Lucknow apart from financial help from the state government, terracotta craftsmen based in villages of gorakhpur will get easy loans from punjab & sind bank to extend their commercial enterprise.

The bank has made an action plan to provide easy loans to 5,000 craftsmen and the target is to offer loans of ₹25 crore. The bank will work intently with the department of micro, small and medium enterprises (msme), stated a state govt spokesperson.

A delegation of officers of punjab & sind bank, consisting of executive director, ramjas yadav, deputy general manager, vinay khandelwal, chief managers vinay kumar ojha and anchal srivastava met chief minister yogi adityanath and additional chief secretary (msme) navneet sehgal to discuss the plan to assist terracotta craftsmen of gorakhpur.

The CM told bank officers about the specialty of Gorakhpur’s terracotta craft. After its inclusion in the ‘one district, one product’ (odop) scheme, terracotta is gaining ground within the country . In addition to at the worldwide level. “with the help of odop, there’s any such call for for terracotta merchandise that craftsmen are busy meeting schedules to supply orders. Terracotta is likewise increasing employment on a large scale in the area,” he stated.

Acs (msme) navneet sehgal advised the bank delegation that operating on the self-reliance mantra of prime minister and chief minister yogi adityanath, the odop scheme is gambling a big position in economic development and employment technology with the aid of selling a particular craft or product in each district of up. “A vision of chief minister, the ODOP is providing self-reliance to skilled people in the state,” he added.

Craftsmen of gorakhpur are making about 1,000 types of products and there is outstanding demand for these. Terracotta has also were given the gi (geographical indication) tag. “punjab & sind bank’s plan to present loans to terracotta craftsmen could pass a long manner in assisting craftsmen to take their enterprise to new heights,” he stated.

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