MSME support programme to enhance credit access to be launched by PM today

The move will give a boost to the micro, small and medium enterprises (MSME) sector and help generate employment.

New Delhi: Prime Minister Narendra Modi will launch the Micro, Small and Medium Enterprises (MSME)  Support and Outreach Programme on Friday.

Modi is expected to announce access to credit, access to market, hand holding and facilitation support measures etc for MSME Sector are likely to be announced on this occasion.

“MSME Outreach Programme will run for 100 days covering 100 Districts throughout the country. Various Central Ministers are likely to visit these districts in order to apprise the entrepreneurs about various facilities being extended to MSME Sector by the Government and financial institutions and to come forward and make best use of these facilities including access to credit and market, etc,” an official statement said.

Government said that the Outreach Programme will help in further boosting the MSME sector since this sector is one of the major generator of employment opportunities and making a significant contribution to the overall growth of the economy.