The Industries division will launch a campaign to choose 1,000 Micro, Small and Medium (*10*) (MSMEs) and produce them below the ₹100-crore turnover membership inside 4 years in continuation of its ‘One lakh enterprises’ programme that concluded in 2022-23. New enterprises will be strengthened because the ‘Year of Enterprises’ campaign is carried out for an additional yr. The programme to strengthen new enterprises will be inaugurated on April 10 by Chief Minister Pinarayi Vijayan.
A communication from the workplace of industries minister P. Rajeeve mentioned that the one lakh new enterprises campaign resulted within the launch of 1.39 new enterprises within the state. The second yr of the campaign will be launched within the presence of 500 entrepreneurs.
(*10*) chosen by means of a clear course of will be a part of the scale-up mission. These models will guarantee authorities assist within the type of capital subsidy, curiosity subsidy on capital funding, subsidy on loans availed for working capital, upgradation of expertise and assist for securing high quality certificates. Finance minister Okay. N. Balagopal will launch the ‘Mission 1,000’ campaign.
In the primary part between April and June, there’ll be an consciousness campaign, which can be adopted by mortgage subsidy melas in all of the native self-government our bodies. A networking portal may also be launched. A YouTube channel has been developed by the division to increase the advertising of merchandise from current MSMEs.
