- THE NEW INDIAN EXPRESS
"Andhra Pradesh government mulls booster dose to save sick MSMEs"
The State government is taking every initiative to give the required handholding to the Micro Small and Medium Entrepreneurs (MSMEs). The government is of the view that MSMEs are crucial in the generation of employment. After giving incentives during the COVID pandemic, now the government is focusing on taking up a survey to identify sick MSMEs so as to extend the necessary support to them for the smooth functioning of the units.
According to the officials, there are around 2.50 lakh MSMEs across the State and as part of the ongoing survey, the details will be verified to know how many of the industries are in dire need of support be it financial, raw material, or marketing.
Speaking to The New Indian Express, MSME Development Corporation Chairman Vanka Ravindranath said they have taken up a district-wise survey of the MSMEs.
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