+
Kollam takes MSME initiative ahead
ECONOMY & POLICY

Kollam takes MSME initiative ahead

By establishing 8,151 new units, the Kollam district is performing admirably under the Department of Industries' entrepreneurial development programme, which was established to support MSMEs in the state.

In a single year, the district wants to launch 11,775 firms, according to the district administration. As a result, the administration is prepared to improve the business environment. A focused and coordinated effort has been organised by the administration amongst various departments, local governments, business owners, financial institutions, and trade associations.

The district administration organised a comprehensive awareness and training programme for business owners in a number of local bodies. This was followed by loan melas and loan subsidies at the local level. Regular review sessions held by the district collector also took place in the meantime, which aided in the administration's comprehension of the numerous problems encountered by enterprises.

Also read:
Tata Power Solar; Union Bank tie up for MSME loans
Sitharaman urges AIIB to ramp up India investments


By establishing 8,151 new units, the Kollam district is performing admirably under the Department of Industries' entrepreneurial development programme, which was established to support MSMEs in the state. In a single year, the district wants to launch 11,775 firms, according to the district administration. As a result, the administration is prepared to improve the business environment. A focused and coordinated effort has been organised by the administration amongst various departments, local governments, business owners, financial institutions, and trade associations. The district administration organised a comprehensive awareness and training programme for business owners in a number of local bodies. This was followed by loan melas and loan subsidies at the local level. Regular review sessions held by the district collector also took place in the meantime, which aided in the administration's comprehension of the numerous problems encountered by enterprises. Also read: Tata Power Solar; Union Bank tie up for MSME loansSitharaman urges AIIB to ramp up India investments

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code