Live
- ‘Fear’ movie review: A gripping suspense thriller
- Telangana IT Minister D. Sridhar Babu Highlights Future City Vision and Data Center Growth at IAMPHENOM Event
- Quota stir: Panchamasali seer violated law, claims Siddaramaiah
- India vs Australia: Third Test at Gabba – Match Timings and Details
- Allu Arjun’s team denies arrest rumors; gives clarity
- Film actor Mohan Babu knocks High Court doors. Requests for anticipatory bail
- Allu Arjun Seeks Lunch Motion; Court Hearing Scheduled for 2 PM Today
- Vijayawada hosts Swarnandhra Vision-2047 Program to foster development in AP
- World Bank okays loan for new project to boost earnings of UP farmers
- Zomato gets GST tax demand notice of Rs 803 crore
Telangana government to provide additional funds for MSME
Telangana government to provide additional funds for MSME The first meeting of the sub-committee of the Telangana State Level Bankers\' Committee (SLBC) that was formed to look into the issues marring micro, small and medium enterprises (MSME) sector in the state was held in Hyderabad on Thursday.
The first meeting of the sub-committee of the Telangana State Level Bankers' Committee (SLBC) that was formed to look into the issues marring micro, small and medium enterprises (MSME) sector in the state was held in Hyderabad on Thursday.
Telangana industries minister Jupally Krishna Rao said that on December 31, 2014 Rs 47,669 Crore was lent to the MSME sector of which Rs 16,610 crore were received by the micro enterprises and Rs 21,767 crore by small enterprises. To provide additional funds for MSMEs, Jupally Krishna Rao said that the government was formulating a scheme on the lines of the CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises).
Mr. Raos also added that to prevent incipient sickness of MSME units, the government plans to join hands with industry bodies to create a corpus fund.
