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 loansSitharaman urges AIIB to ramp up India investments