CM Revanth Reddy Released MSME-2024 Policy

Hyderabad, Sept 18 (Maxim News): Focusing on the problems faced by MSMEs, the state government has released the MSME-2024 policy. Chief Minister Revanth Reddy released the MSME 2024 policy, today.

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It may be recalled that Chief Minister and IT and Industries Minister Sridhar Babu announced that a special policy will be introduced for MSMEs, which have a large share in GSDP. In this context, it is known that MSMEs are facing serious difficulties in five or six aspects.

Speaking on this occasion, Chief Minister Revanth Reddy announced that he will bring more policies to encourage MSMEs along with solutions to them.

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The State government has come forward with a policy for micro, small, and medium industries in the state to cross the threshold. Most of the industries that employ lakhs of people have been shut down after Corona. Thousands of companies have closed down and thousands of people have lost their jobs. However, there are allegations that the previous BRS government did not care about MSMEs.  There are criticisms that thousands of companies have closed but no attempt has been made to reopen them. It is in this context that the state government has focused on the problems faced by MSME’s.  (Maxim News)

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