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MSMEs in Arunachal Pradesh demand Facilitation Council for State

Updated: Sep 22, 2022 08:06:42am
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MSMEs in Arunachal Pradesh demand Facilitation Council for State

Itanagar, Sept 22 (KNN) The Micro, Small and Medium Enterprises (MSMEs) in Arunachal Pradesh have urged the state government to set up a MSME facilitation council board.

They have asked Pema Khandu, Chief Minister of the state to also address the issues concerning the banking institutions and industry department.

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A MoU has been submitted by the Arunachal Pradesh Micro & Small Industries Development Association (APM&SIDA) to the CM on the matter, reported Arunachal Times.

They informed him that the industry department and banking institutions did not respond to the series of representations they had submitted “for redressal of genuine issues of the state’s unemployed youths”.

From a list of demands put forward by the association, proper implementation of centrally sponsored/subsidy schemes, RTI cell in all bank branches and proper checklist of documents for collateral/non-collateral loan are included.

They have also called for a total approval of loan as per DPR, conducting of review meetings in the industries department, proper implementation of the PMEGP and other MSME schemes, implementation of public procurement policy and establishment of MSME facilitation council board etc.

The representations were submitted to the industry department through the concerned minister and to the bank through the state-level banking committee (SLBC) convener.  (KNN Bureau)

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