5 days ago
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Increasing household incomes done occupation creation, entrepreneurship and women’s economical empowerment remains the Andhra Pradesh government's cardinal improvement goal, says Minister for MSME, SERP and NRI Empowerment & Relations Kondapalli Srinivas.
Addressing the media astatine the Secretariat connected Tuesday, Mr. Srinivas said the authorities had focused connected strengthening the MSME sector, empowering agrarian women and supporting Non-Resident Telugus implicit the past 2 years, with the nonsubjective of ensuring sustainable livelihoods and inclusive growth.
He said MSMEs were playing a captious relation successful concern improvement and employment generation, with astir 64,000 micro, tiny and mean enterprises presently operating successful the State.
The authorities introduced sector-specific policies for industries specified arsenic textiles, nutrient processing, electronics, cleanable vigor and pharmaceuticals, portion promoting MSME Parks crossed the State to grow concern enactment into the agrarian areas.
Highlighting the enactment for entrepreneurs, Mr. Srinivas said much than ₹1.90 lakh crore successful slope recognition had been facilitated for the MSMEs during the period. Through the Chief Minister Entrepreneurship Advancement Programme (CMAP), the authorities aims to promote thousands of caller enterprises and make implicit 17,600 jobs.
The Minister besides said women self-help groups received slope linkages exceeding ₹63,000 crore, portion efforts were underway to make 5 lakh women entrepreneurs this fiscal year.
He attributed the initiatives to the imaginativeness of Chief Minister N. Chandrababu Naidu, stating that the government's absorption remained connected investment, employment procreation and improving surviving standards crossed the State.
