CM to release industrial incentives amounting to ₹1,124 crore on Sept. 3
The Hindu
Incentives were announced to the MSMEs as part of the Industrial Development Policy 2020-23
Chief Minister Y.S. Jagan Mohan Reddy will release financial incentives amounting to ₹1,124 crore to textile and spinning mills (₹684 crore) and MSMEs (₹440 crore) under the ReStart scheme on September 3. With this, the incentives disbursed to the MSME sector in the last two years reached nearly ₹2,087 crore, according to an official release. It said incentives were announced to the MSMEs as part of the Industrial Development Policy 2020-23, and that priority has been attached to hand-holding the MSMEs which make a substantial contribution to the Gross State Domestic Product (GSDP).More Related News