SME Times is powered by   
Search News
Just in:   • Trump cancels US delegation to Davos forum due to shutdown  • Big relief to startups, investors as govt liberalises norms  • RIL Q3 net profit at Rs 10,251 cr up 9%  • Industry urges RBI to cut rates, address MSME concerns  • Himachal clears industrial proposals of Rs 1,047 cr 
Last updated: 08 Nov, 2018  

Himachal Map THMB Himachal CM seeks hassle-free credit facility

Himachal Map
   Top Stories
» Big relief to startups, investors as govt liberalises norms
» Industry urges RBI to cut rates, address MSME concerns
» Report points at risk of fiscal slippage
» Need to remove barriers to information accessing: Naidu
» FICCI, MSME ministry to hold buyer-seller meets
SME Times News Bureau | 08 Nov, 2018
Himachal Pradesh Chief Minister Jai Ram Thakur on Thursday called on Union Finance Minister Arun Jaitley here and sought hassle-free credit facility.

He told the Finance Minister that state cooperative banks have not been made member lending institutions under the Credit Guarantee Fund Trust for micro and small enterprises and small farmers agri-business consortium.

"Owing to this reason, potential entrepreneurs are not getting collateral-free loans facility under the government of India programmes like Pradhan Mantri MUDRA Yojana," an official statement quoting Thakur said.

Seeking his personal intervention to ensure facilitating easy and hassle-free credit facility, he said this would not only help the cooperative banks in expanding credit portfolios but also go a long way in creating livelihood as well as growth and diversification of agriculture and agro-based industries.

The Chief Minister also urged for intervention regarding persuading the World Bank to continue to fund the Integrated Development Project for source sustainability and climate resilient rainfed agriculture as a separate project.

He said the Integrated Development Project and Forest for Prosperity were merged taking the view that both projects were being implemented by the same department and have contiguous objectives and outcomes.

He said the objectives and implementation strategies of both projects were different.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
66.20
64.50
UK Pound
87.50
84.65
Euro
78.25
75.65
Japanese Yen 58.85 56.85
As on 18 Jan, 2019
  Daily Poll
Is counterfeiting a major threat to SMEs?
 Yes
 No
 Can't say
  Commented Stories
» HostBooks Ltd. offers a seamless GST filling experience: Kapil Rana(3)
» Ashok Leyland to launch 13-seater passenger vehicle, LCV(1)
» CII welcomes GST Council steps as MSME friendly(1)
» Hyperloop start-up Arrivo to shut down: Report(1)
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter