Centre approves Rs 114.8 crore for Rajasthan under MSME program
The funding will help in meeting the financial needs of micro, small and medium enterprises towards achieving the goals of Developed India-Developed Rajasthan, the chief minister said.
The central government has approved a sum of Rs 114.80 crore for Rajasthan under the Raising and Accelerating MSME Performance (RAMP) programme, Chief Minister Bhajanlal Sharma said on Thursday.
The funds will give impetus to MSME enterprises of the state and help enhance their capacity. The funding will also help in meeting the financial needs of micro, small and medium enterprises towards achieving the goals of Developed India-Developed Rajasthan, the chief minister said.
The RAMP programme is being run by the Centre for the MSME sector from 2022. Under this, a strategic investment plan was sent by the state to the central government, on which the state has got approval for an amount of Rs 114.80 crore.
Industry and Commerce Minister Rajyavardhan Singh Rathore said that the funds received under the RAMP programme will help in achieving the goals of the schemes and programmes run by the state and central governments for MSMEs.
This will also help in creating a positive environment for industrial investment in the state.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
RCB vs CSK IPL 2024 Ticket Booking Online: Where and how to buy RCB vs CSK tickets online - Check IPL Match 68 ticket price, other details
SIP Returns: How Rs 3,000, 5,000, and Rs 10,000 SIPs can help you build retirement corpus of Rs 1.06 cr, Rs 1.77 cr, and Rs 3.53 cr
Go Digit IPO: Should you subscribe Virat Kohli, Anushka Sharma-backed issue? Here's what Anil Singhvi suggests
Women loco pilots speak about their struggle; many men have to be informed even for 'washroom break' in a moving train
Bandhan Bank Q4 FY24 Results Preview: PAT, interest income likely to grow in almost double digits; asset quality may improve
Gold and Silver rate today (May 16, 2024): Yellow metal futures subdued; white metal hits record high breaches Rs 87,000 mark
06:50 PM IST