The Samikhsya Bureau
BHUBANESWAR: Chief Minister Naveen Patnaik has approved a package of Rs.289.42 Crore for the benefit of MSMEs in order to combat the pandemic situation in the State.
It is aimed at benefiting a range of entrepreneurs, mostly women and weaker sections of society.
The package includes a number of assistance measures such as interest subvention, top-up subsidy, reimbursement of State GST and waiver of annual institutional maintenance charges.
The assistance would help the beneficiaries to recover from the unexpected challenges caused by the pandemic.
Rs.108.29 crore is being released with a focus to cover 40 percent of eligible women-run MSMEs.
An amount of Rs.27-crore has been provisioned to help beneficiaries in the categories of SC, ST, OBC, minority community, women, physically challenged and ex-Servicemen in facing the pandemic crisis.
For the food processing units functioning under PMFME, a Central Sponsored Scheme on 60:40 basis will be given 15 per cent extra top-up subsidy to cover around 1000 units for the current financial year.
Rs10 crores will be given towards top up subsidy under the scheme.
COVID-19 Assistance package launched by Panchayati Raj and Drinking Water Department is another assistance provision that will bring relief to Nano and Micro Enterprises.
Currently, assistance to the tune of Rs.100 crores will be made available through Women SHG members.
