New Delhi, Aug. 10 -- The government's existing credit and guarantee schemes are expected to continue supporting financing access for micro, small and medium enterprises (MSMEs) and traditional artisans in Uttar Pradesh, with measures aimed at reducing collateral requirements, expanding working capital availability and strengthening the competitiveness of handicraft businesses. The government has said these initiatives cover handicraft industries in western Uttar Pradesh, including traditional sectors such as brass, horn and other handicrafts.

In a written reply to a Lok Sabha question on Monday, the Finance Ministry noted that the government has already undertaken various initiatives to improve credit flow to MSMEs across the country, i...