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Centre to stand guarantee to tune of Rs 45,000 crore for strengthening MSME sector- Panda

Bhubaneswar,Jul 12 (UNI) The central government would stand gurantee for loans up to Rs 45,000 crore for strengthening the MSME sector in 2018-19 financial year, Union MSME Secretary Arun Kumar Panda said here today.
Dr Panda said the guarantee would increase the flow of assistance to MSME sector, create more job opportunities and increase the number of units in the country.
The Union Secretary who was here at a MoU signing ceremony between the Tata Steel and the Central Tool Room and Training Centre(CTTC) Bhubaneswar said till last year Rs five lakh credit linkage was provided to various MSME units by the Union government.
Dr Panda said he had already held discussion with various industrial organsiations and the officials of the Odisha government as to how more loan assistance could be provided to MSME sectors.
Discussion was also held about finding good market for the MSME products and how to provide more facilities MSME units under GST.
He said the MSME Ministry is giving importance to set up industrial clusters in 117 undeveloped and aspirant districts of the country including ten districts in Odisha.
At present while the country has 10 CTTC, the centres at Bhubaneswar, Aurangabad and Mumbai have been accorded international recognition.
In the second phase ten more CTTC would be opened. Out of it the MSME ministry is considering to set up CTTC in each aspirant district of Odisha, Mr.Panda said, adding that discussion was also on to set up small industrial clusters in coastal districts of Odisha.
Dr Panda said there was plan to set up small perfumed industrial units in Ganjam where Kewda flower was cultivated in large scale.
UNI BD DP AND
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Greater Noida: Two building collapse; 50 injured

18 Jul 2018 | 12:58 AM

Greater Noida, July 17 (UNI) At least 50 people were injured when a six-storey building collapsed into a near-by building here at Shah Beri village under Bisrakh police station limits on Tuesday night.

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Farmer's income will double by 2022:Yogi

Farmer's income will double by 2022:Yogi

17 Jul 2018 | 11:21 PM

Shahjahanpur, July 17 (UNI) Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday asserted that the Bharatiya Janata party would ensure that by 2022 farmers income doubles.

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Amarnath yatra crosses 2 lakh mark, 4,140 yatris pay obeisance on Tuesday

Amarnath yatra crosses 2 lakh mark, 4,140 yatris pay obeisance on Tuesday

17 Jul 2018 | 11:01 PM

Srinagar, Jul 17 (UNI) Over 4,100 pilgrims paid obeisance on Tuesday at the holy Amarnath cave shrine in south Kashmir Himalayas, where so far over two lakh pilgrims had darshan of the self-made Ice-Shivlingam since the commencement of the 60-day-long pilgrimage from June 28.

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HC defer hearing on MBBS issue in HP till July 23

17 Jul 2018 | 11:01 PM

Shimla, Jul 17 (UNI) Himachal Pradesh High Court on Tuesday deferred the hearing on a writ petition till
July 23 on allotment of MBBS seats to bona-fide Himachal Pradesh students who are working outside the state due to their jobs and other engagements.

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Enquiry into TDR scam in Aurangabad to be completed in 3 months: Mah

17 Jul 2018 | 10:56 PM

Aurangabad, Jul 17 (UNI) Chief Minister Devendra Fadnavis assured
the Maharashtra Assembly on Tuesday that the enquiry into the TDR
scam at Aurangabad Municipal Corporation will be completed within
three months.

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