Vijayawada, July 25 (KNN) The Andhra Pradesh government is conducting a survey to identify sick MSMEs and help them with all the essential support.

From 2.50 lakh MSMEs across the state the survey will detect sick MSMEs and industries that are urgently in need of support, as per TNIE.

The state government is committed to provide handholding mechanism for the MSME sector as it is of the view that MSMEs are crucial for employment generation.

It aims to help the MSMEs for the smooth functioning of their units and extend support through finance, raw material or marketing.

The MSME Development Corporation has taken up a district-wise survey of the MSMEs, Chairman Vanka Ravindranath told TNIE.

"As the COVID pandemic had an adverse impact on several sectors, including MSMEs, Chief Minister YS Jagan Mohan Reddy has directed us to take a study of the MSMEs so as to extend the required support. Accordingly, we are taking up the survey to identify the condition of MSMEs," he said.

The survey is being conducted to extend the needed support to sick MSMEs and ensure that no MSME is closed, he said.

The officials will analyse the reasons and extend the required support from the government to keep the units stay afloat.  (KNN Bureau)