Additional Provision of Rs 100 Crore for 'Small Industries Promotion Scheme' | 26 Sep 2022

Why In News?

  • On September 25, 2022, Chief Minister Ashok Gehlot approved an additional financial provision of Rs 100 crore for the 'Small Industries Promotion Scheme'.

Key Points

  • After the approval of the Chief Minister, now the smooth operation of the scheme will be helped and the scope of the beneficiaries will increase.
  • It is noteworthy that in the budget 2022-23, Chief Minister Ashok Gehlot had approved a financial provision of Rs 150 crore for the 'Mukhyamantri Laghu Protsahan Yojana' brought to promote micro, small and medium industries in the state and to provide easy loans to small businessmen and investors.
  • Approval of about Rs 58 crore has already been issued for this scheme. In compliance with the said announcement, the Chief Minister has approved an additional budget provision of Rs 100 crore. In view of the popularity of the scheme, the budget has been increased for this.