Hyderabad: Chief Minister Revanth Reddy has launched a new policy to help Micro, Small, and Medium Enterprises (MSMEs). This policy is designed to support the growth of small and medium industries across the state.
During the launch event, CM Revanth Reddy talked about how important MSMEs are for the state’s economy. He highlighted that these businesses help create jobs and strengthen the economy. The new policy will provide financial help, training, and resources to small business owners and entrepreneurs.
The government hopes that this initiative will motivate more people to start their own businesses. It is also expected to contribute to the growth of the industrial sector in the state.
Additionally, the policy offers special benefits for women and first-time business owners. These incentives will help them start and grow their businesses more easily.
The launch of this MSME policy is part of the government’s larger goal to promote sustainable economic growth and support local industries.