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Gujarat transfers ₹1,370 cr aid to over 13,000 MSME units

27
Jun '20
Pic: Shutterstock
Pic: Shutterstock
Gujarat chief minister Vijay Rupani yesterday announced an aid of ₹1,369 crore for 13,000 micro, small and medium enterprises (MSMEs) and textile industries, while initiating an online cash aid initiative called 'At One Click' for over 13,000 firms. The state transferred ₹768 crore to bank accounts of 12,247 MSME units and ₹601 crore to bigger industrial units.

Rupani, in a video conference, called on the state's MSME units and industries to take up the challenge of converting the adversity of corona crisis into an opportunity, according to a news agency report.

The state also wants to ensure that its MSMEs get the maximum benefit under the prime minister''s ‘Atma Nirbhar Bharat’ package, Rupani said, adding that under this package, Gujarat has sanctioned ₹8,200 crore in two weeks by accepting loan applications of 1.3 lakh units and has already disbursed ₹4,175 crore.

Fibre2Fashion News Desk (DS)


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