MP govt ties up with ONDC, banks & apex chambers to support start-ups & MSMEs

Indore, Nov 23 (KNN) With the aim to help budding start-ups and MSME units grow, the Madhya Pradesh government has signed 10 agreements with various institutions and organisations on Tuesday.

The state government has inked pacts with Open Network for Digital Commerce (ONDC), The Global Indus Enterprises, Small Industries Development Bank of India (SIDBI), HDFC Bank, FITT Federation for Innovation and Technology Transfer, ASOMACH, CII, PHD Chamber of Commerce and Industries, M-1 Exchange and Your Story.

Addressing the MoU ceremony held at the Brilliant Convention Centre, Chief Minister Shivraj Singh Chouhan said that Madhya Pradesh is moving fast on the path of progress. The rural youths of the state are also coming forward in the field of start-ups.

As per reports, currently there are over 2,500 start-ups working in the state.

The chief minister asked the PS of the MSME department P Narhari to develop a system for start-ups so that they can approach the state government through a phone call or e-mail. He also asked IDA chairman Jaspal Chawda to prepare an office for start-ups in the city until a start-up park is built.

MSME and science and technology minister Omprakash Saklecha said that efforts were being made continuously with full determination to make the state self-reliant. He said that, in the next four months, more than 100 clusters would be formed in 42 districts of the state, due to which extensive employment opportunities will be created.

"So far, 14.73 lakh beneficiaries had been provided loans under various self-employment schemes through the Employment Day programme in the state," he added.

The state government will setup a temporary office at Anandvon building of the IDA in the next 15 days.  (KNN Bureau)