Indore: Loan of Rs 1,656 lakh disbursed

Indore: Loan of Rs 1,656 lakh disbursed

Staff ReporterUpdated: Wednesday, May 29, 2019, 02:32 AM IST
article-image

Indore: Acting on Centre’s directive, a mega MSME outreach camp was organised in the city on Monday wherein loans worth Rs 1,658 lakh were given to beneficiaries. Pravin Garg, additional secretary in union ministry of environment and forest, was chief guest at the event. Atanu Kumar Das, executive director of Bank of India, was special guest.

With an objective to help MSME units, Prime Minister Narendra Modi launched 100 days of MSME support and outreach programme on November 2 last year. A distinct feature of the programme is sanctioning loan to MSME units in 56 minutes. For this, a portal was launched where MSME units can select the bank of their choice and get loan.

Addressing the function, senior IAS officer Garg highlighted importance of banks’ role in development of MSME sector. Das briefed about loan in 59 minutes scheme and said bank has achieved the target in Indore region. Mukesh Bhatta, lead district bank manager, said disbursement letters doe loan worth Rs 1656 lakh were given to 239 beneficiaries.

RECENT STORIES

MP Weather Update: Heatwave Hits Bhopal, Rain Likely In Indore, Chhatarpur & More

MP Weather Update: Heatwave Hits Bhopal, Rain Likely In Indore,  Chhatarpur & More

MP: FIR Registered Against Congress MLA Over 'Chop Off Hands' Remark

MP: FIR Registered Against Congress MLA Over 'Chop Off Hands' Remark

MP: Muslim Boy Pours Boiling Water On Hindu Girl Playing Holi In Dhar; Visuals Surface

MP: Muslim Boy Pours Boiling Water On Hindu Girl Playing Holi In Dhar; Visuals Surface

Lok Sabha Elections 2024: MP & Maharashtra Police Meet To Tighten Up Security Ahead Of

Lok Sabha Elections 2024: MP & Maharashtra Police Meet To Tighten Up Security Ahead Of

MP: Neemuch Collector, SP Meet To Review Permit Cancellation Of Pandit Pradeep Mishra's Shivpuran...

MP: Neemuch Collector, SP Meet To Review Permit Cancellation Of Pandit Pradeep Mishra's Shivpuran...