State-bank-entrepreneur ties will create chemistry of growth: Sarbananda Sonowal

To bail the State's economy out of the crisis impounded by COVID 19 pandemic and to help the MSME sector
State-bank-entrepreneur ties will create chemistry of growth: Sarbananda Sonowal

GUWAHATI: To bail the State's economy out of the crisis impounded by COVID 19 pandemic and to help the MSME sector to strengthen the sluggish economy, Chief Minister Sarbananda Sonowal's guidance bore fruits as true to his direction, post lockdown 94,623 MSMEs were sanctioned credit to the tune of Rs. 1648.218 crore.

In an interaction programme with the beneficiaries of Emergency Credit Line Guarantee Scheme under Atmaniarbhar Bharat Abhiyan at Assam Administrative Staff College here on Monday, Chief Minister Sonowal said that realizing the role of MSME sector in the economy of the State, all the general managers of district industries and commerce centres have been asked to create awareness about the stimulus package announced by Prime Minister Narendra Modi and do the necessary handholding between the MSME and banks to enable the MSMEs to reap benefits from the scheme.

Interacting with the beneficiaries, Sonowal said that amid COVID 19 pandemic, the country riding on the leadership of Prime Minister Modi took the pledge to become self-reliant. He said that under Atmanirbhar Bharat Abhiyan Rs. 3 lakh crore loan to the MSMEs have lent a lease of life to the sector.

Terming the day as an eventful day for the industry of the state, Sonowal said that through Atmanirbhar Assam, Atmanirbhar Bharat would get its fulfillment. He also said that through Act East Policy, the youths of the state have got an opportunity to utilize their prowess and project Assam as an epicentre of trade and business activities. The agricultural produce of Assam have gained due respects not only in South East Asian Nations but also across the world. In trade and commerce, the youths of the State got the opportunity to prove their leadership. Citing an example, Sonowal said that Hemoprabha Deka, a woman entrepreneur from Darrang during the lockdown period with her limited manpower could send 40 thousand LPG cylinders to the country like Bhutan. Similarly, Abhijit Baruah of Nagaon, Dilip Das of Nalbari besides empowering them, built capacity to hundreds of unemployed youths across the state.

Stating that for the success of Atmanirbhar Bharat, banks have huge role, Sonowal thanked the bankers for all the helps that they have rendered in this direction. He also that coordination among the government, banks and industries have strong effect for creating chemistry salubrious for the growth of the state.

Speaking on the occasion, Industry and Commerce Minister Chandra Mohan Patowary said that industries in the state, contribute 39 per cent to the State GDP. For the development of industrial landscape of the state, government has announced industrial corridor from Amingaon to Tihu, a press release said.

Also watch: A Blind Family's Fight For Survival



Top Headlines

No stories found.
Sentinel Assam
www.sentinelassam.com