Insurance scheme for MSMEs in works in Kerala: Minister Rajeeve
2 min readBy Express News Service
THIRUVANANTHAPURAM: The Kerala Government on Wednesday introduced the introduction of an insurance coverage scheme for MSMEs.P Rajeeve, the minister of industries, stated that the federal government would bear 50% of the premium, as much as a sure restrict. The announcement was made throughout the inauguration of the International MSME Day celebrations.
Minister Rajeeve additionally talked about that the federal government would offer Rs 1 lakh to 1,000 MSME ventures which were in operation for greater than three years to assist their enterprise progress.“The insurance scheme and other projects in the offing will substantially help the MSME sector, especially the budding enterprises,” he stated.
As a part of the One Local Body One Product (OLOP) venture, which was launched throughout the ‘Entrepreneurship Year,’ the Department of Industries and Commerce will present Rs 50,000 to Local Self Government Institutions (LSGIs) to cowl the bills of making ready detailed venture stories.
Additionally, the federal government plans to determine annual awards for the most effective MSME unit and panchayat. They additionally purpose to develop software program to determine and deal with points confronted by MSMEs. Furthermore, Campus Industrial Parks can be arrange in chosen engineering schools.
Minister Rajeeve highlighted that 139,840 new MSMEs have been established in Kerala final 12 months, with a further 4,184 new enterprises began this 12 months.
The occasion was attended by Transport Minister Antony Raju, Chief Secretary V P Joy, Industries Principal Secretary A P M Mohammed Hanish, and Industries Director S Harikishore.
THIRUVANANTHAPURAM: The Kerala Government on Wednesday introduced the introduction of an insurance coverage scheme for MSMEs.P Rajeeve, the minister of industries, stated that the federal government would bear 50% of the premium, as much as a sure restrict. The announcement was made throughout the inauguration of the International MSME Day celebrations.
Minister Rajeeve additionally talked about that the federal government would offer Rs 1 lakh to 1,000 MSME ventures which were in operation for greater than three years to assist their enterprise progress.“The insurance scheme and other projects in the offing will substantially help the MSME sector, especially the budding enterprises,” he stated.
As a part of the One Local Body One Product (OLOP) venture, which was launched throughout the ‘Entrepreneurship Year,’ the Department of Industries and Commerce will present Rs 50,000 to Local Self Government Institutions (LSGIs) to cowl the bills of making ready detailed venture stories.googletag.cmd.push(perform() googletag.show(‘div-gpt-ad-8052921-2’); );
Additionally, the federal government plans to determine annual awards for the most effective MSME unit and panchayat. They additionally purpose to develop software program to determine and deal with points confronted by MSMEs. Furthermore, Campus Industrial Parks can be arrange in chosen engineering schools.
Minister Rajeeve highlighted that 139,840 new MSMEs have been established in Kerala final 12 months, with a further 4,184 new enterprises began this 12 months.
The occasion was attended by Transport Minister Antony Raju, Chief Secretary V P Joy, Industries Principal Secretary A P M Mohammed Hanish, and Industries Director S Harikishore.
