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Rajasthan govt inks pact with SIDBI to evolve MSME ecosystem

Monday, 14 Sep 2020
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Rajasthan's Department of Industries and the Small Industries Development Bank of India (SIDBI) will work together to provide financial, technical, marketing and export support to MSMEs in the state. For this the government has inked an agreement with SIDBI.

The MSME Act was amended to promote industries and exempt such businesses from all kinds of permissions and inspections for three years.

Now the establishment of large industries will also become easy with the coming of a single window one-stop shop.

MSMEs provide maximum employment opportunities and also have an effective share in exports. In such a situation, the state government is taking steps to understand and solve the problems of MSMEs.

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