MP has to remain number one in MSME sector also under Self-reliant India Package: CM

Bhopal:Chief Minister Shivraj Singh Chouhan has said that Madhya Pradesh will remain number one in the field of Micro Small and Medium Industries (MSME) under the Self-Reliant India Package. The pace of this work is slow in the state. 21 thousand crore rupees have been given to the neighbouring state of Uttar Pradesh under this in the MSME sector, while Madhya Pradesh has received only about 2 thousand crores. Speed ​​up the work by regularly monitoring with the concerned department banks.

Chouhan was reviewing the work being done in the state in the MSME sector under Self-Reliant India Package 01 and 02 through video conferencing from Chirayu Hospital on Friday.

Chouhan directed that the progress of the work being done by other states under the Self-Reliant India Package in MSME sector should be reviewed, so that it is clear why it is slowing down in our state.

Chouhan said that talk of taking unnecessary stamp duty is coming in many cases. In this regard, the department should ensure that the beneficiary does not have to pay unnecessary stamp duty.

Chouhan said that any difficulty is being faced in the implementation of the scheme or if anything is not clear, a letter should be immediately written to the Union Finance Minister on his behalf.

Chouhan said that under the package announced by the Center, a provision has now been made that no more global tender is required for loans up to Rs 200 crore to MSMEs. He directed the concerned department to complete the formalities in this regard within a week.

Chouhan said that under the package, a provision has been made to repay the loan sanctioned to the MSME industry by banks within 45 days. Principal Secretary informed that some cases have been pending in banks for more than 45 days. On this, the Chief Minister directed that it should be ensured that the loan amount is repaid within 45 days.

A provision of Mudra Shishu Loan Grant to MSMEs has also been made under the Self-Reliant India Package. Principal Secretary said that progress in this is very less.

Chouhan directed that regular monitoring of banks should be done at the level of senior officers to ensure that the MSME sector gets loan from banks as per the provisions within the stipulated period. Only with the full cooperation of the banks can desired progress be made in this work.

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