SIDBI has signed MoUs with which state government’s

Solution

Small Industries Development Bank of India (SIDBI) and the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) have signed MoUs to make direct financing options available for micro, small, and medium enterprises (MSMEs).Of these MoUs, the first one is a structured arrangement for solarisation of residential units at Ayodhya, while the second one is for bio-energy and renewable project financing. The MoUs have been signed to disseminate information about solar and green projects to MSMEs