₹1,416 crore package to bail out MSMEs
The Hindu
Support includes interest subvention and relief in payment of rentals
The State government has announced a relief package of ₹1,416 crore for micro, small and medium enterprises (MSMEs) as part of the second tranche of support to help the sector tide over the pandemic-induced crisis. The support includes interest subvention, relief in payment of rentals on standard design factories under various agencies such as Kinfra and KSIDC, and subsidy support for new enterprises, especially those in the industrially backward districts such as Kasaragod, Wayanad and Pathanamthitta.
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