W Bengal govt to invest Rs 26,000 crore in MSMEs to create employment
Updated: May 30, 2015 11:04:55am
Kolkata, May 30 (KNN) West Bengal Chief Minister Mamata Banerjee on Friday announced that her government had initiated a plan to invest over Rs 26,000 crore for the development of MSME and textile sector to create employment opportunities for six lakh people in the state. The project will be taken up in joint ventures or through PPP model.
Replying to a question in the state Assembly, Banerjee said the state government had earlier generated employment of 4.56 lakh people in the MSME sector in the last four years.
With this initiative there will be a massive improvement in the MSME sector and definitely the units like handloom, hosiery, zari and many other units, she said.
Replying to a supplementary, Banerjee said that since 2006 the previous Left-led regime had been able to set up only 49 MSME clusters with an investment of Rs 16,764 crore, but in the last four years her government set up 180 MSME units covering many districts with an investment of Rs 55,740 crore.
She also emphasised that her government is continuing development process.
The state government has established synergies and offered comprehensive package to the investors in the MSME and textile sector, she said.
Considering the rapid growth of MSMEs in the state, the MSME and Textiles Department has already launched a Rs 200-crore Venture Capital Fund.
Replying to another supplementary, Banerjee said that many more MSME clusters would come up in the state covering several districts to boost the sector. (KNN Bureau)
Replying to a question in the state Assembly, Banerjee said the state government had earlier generated employment of 4.56 lakh people in the MSME sector in the last four years.
With this initiative there will be a massive improvement in the MSME sector and definitely the units like handloom, hosiery, zari and many other units, she said.
Replying to a supplementary, Banerjee said that since 2006 the previous Left-led regime had been able to set up only 49 MSME clusters with an investment of Rs 16,764 crore, but in the last four years her government set up 180 MSME units covering many districts with an investment of Rs 55,740 crore.
She also emphasised that her government is continuing development process.
The state government has established synergies and offered comprehensive package to the investors in the MSME and textile sector, she said.
Considering the rapid growth of MSMEs in the state, the MSME and Textiles Department has already launched a Rs 200-crore Venture Capital Fund.
Replying to another supplementary, Banerjee said that many more MSME clusters would come up in the state covering several districts to boost the sector. (KNN Bureau)
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