Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2014-01-15

Amit Mitra urges banks for more advances to MSME in West Bengal

West Bengal industry minister Amit Mitra has urged the banking sector to extend more advances to the MSME sector.

West Bengal industry minister Amit Mitra has urged the banking sector to extend more advances to the MSME sector.
 
 
"The banking sector should increase the extent of assistance to the MSME sector in Bengal," Mitra said at the inauguration of SBI's specialised branch for small and medium sector.
 
 
During FY12-13, the MSME sector had got advances to the tune of Rs 4200 crore, while the amount jumped to Rs 8200 crore in the first half of FY13-14, a rise of more than 100 per cent, he added further.
 
 
"The banks should increase this by 150 per cent for the full FY13-14 fiscal," Mitra said. This would help the MSMEs to engage themselves in the financial inclusion process, the minister said.
 
 
Mitra said 92 per cent of the manufacturing sector in the country was unorganised, out of which a big chunk was MSMEs.
Related opportunities
  • Tea and Coffee Chain
    Cafechocolicious brings a proven business model to start in Coffe..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 10lac - 20lac
    Space required 150-200sq-ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
  • Healthcare Products
    MICROSIDD India Private Limited is registered under Ministry of Commerce,..
    Locations looking for expansion Karnataka
    Establishment year 1999
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
  • E-Commerce & Related
    About Edentaledental.in is an emerging online venture of Doshi Marketing..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • About:Specialty Sweets like Dharwad Pedha is the essence Mishtanna Dharwad..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Pune Maharashtra
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities