200 cr for incubation centres to get more skilled professionals
The central government is planning to set up 500 additional incubation centres in order to create more professionals in the MSME sector. This will be done in the next one year and will be done on a public-private partnership model. This news was announced by the Union Minister of MSME Giriraj Singh. Singh also informed that the centre aims to construct 15 more new tool rooms with 3D technology, which will provide hands-on training for workers. The government aims to finish this project by next year. Giriraj Singh also has also placed a bill in the parliament to increase the three slabs from 25 lakh to 50 lakh, 5 crores to 10 crores and 10 crores to 30 crores. In order to provide further support, the government has also set up the ‘Mudra Bank’ that will assist the Micro Small and Medium entrepreneurs. Also, efforts are being made in order to simplify the various rules, which sometimes act as hurdles.
For regular updates on MSME, visit our social media pages by clicking the options below:
Facebook
Twitter
Instagram
Pinterest
