Minister for Micro, Small and Medium Enterprises – MSME, Kalraj Mishra has called for better coordination between states and centre for the growth of the small scale industry in the country. Addressing a national conference of State Ministers for industries and MSME, he asked state governments to suggest new ideas to promote the industry. The minister urged the state governments to contribute 100 crore rupees in the Credit Guarantee Fund Scheme to get a collateral free loan of 1000 crore rupees to start new enterprises in their area.He said the government is soon going to launch an online registration system to simplify the process for setting up new enterprises.
News On AIR | August 22, 2014 2:33 PM
Better State-Centre co-ordination needed: MSME Min<br/>