Haryana government to set up Rs 100 cr fund to provide easy loans to SMEs
Updated: May 08, 2015 01:31:34pm
Chandigarh, May 8 (KNN) With the view to improve business environment for the small sector in the state, Haryana government has decided to set up a Rs 100 crore fund that will be kept with the lenders as a guarantee to facilitate convenient loans to the MSMEs from banks.
While addressing that the FICCI National Executive Committee meeting in Chandigarh on Thursday, Haryana Chief Minister Manohar Lal Khattar said the availability of bank credit without the hassles of collateral and third party guarantees would be a major source of support to the first generation entrepreneurs to realise their dream of setting up their own Micro, Small and Medium Enterprises (MSMEs).
Khattar also said that MSMEs have been singled out for special support in the upcoming new Industrial Policy.
He said the state also intends to identify industrial zones across the state where industries, including MSMEs, would set up their units through simplified and delegated Chane of Land Use (CLU) process.
Khattar informed that the MSMEs would also be extended specific support by way of District Facilitation Centres which would provide hand holding services to the industry.
The state chief minister assured that Investment Promotion Centre at Delhi would also be strengthened for providing all necessary support to the industry.
Khattar revealed that during the Pravasi Bhartiya Diwas held at Gandhinagar in Gujarat, he invited the entrepreneurs of the country and abroad to set up their ventures and become partners in the state’s development process.
The state’s new Industrial Policy 2015 is on anvil to spur growth, give further boost to the manufacturing sector, laying special emphasis on ease of doing business, he further said. (KNN Bureau)
While addressing that the FICCI National Executive Committee meeting in Chandigarh on Thursday, Haryana Chief Minister Manohar Lal Khattar said the availability of bank credit without the hassles of collateral and third party guarantees would be a major source of support to the first generation entrepreneurs to realise their dream of setting up their own Micro, Small and Medium Enterprises (MSMEs).
Khattar also said that MSMEs have been singled out for special support in the upcoming new Industrial Policy.
He said the state also intends to identify industrial zones across the state where industries, including MSMEs, would set up their units through simplified and delegated Chane of Land Use (CLU) process.
Khattar informed that the MSMEs would also be extended specific support by way of District Facilitation Centres which would provide hand holding services to the industry.
The state chief minister assured that Investment Promotion Centre at Delhi would also be strengthened for providing all necessary support to the industry.
Khattar revealed that during the Pravasi Bhartiya Diwas held at Gandhinagar in Gujarat, he invited the entrepreneurs of the country and abroad to set up their ventures and become partners in the state’s development process.
The state’s new Industrial Policy 2015 is on anvil to spur growth, give further boost to the manufacturing sector, laying special emphasis on ease of doing business, he further said. (KNN Bureau)
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