Atmanirbhar Gujarat: CM Rupani transfers Rs 1,370 crore aid to over 13,000 MSME units via DBT

Chief Minister Vijay Rupani called upon the MSME entrepreneurs of the state to take maximum advantage of the changing global economic situation after the Covid-19 outbreak conditions and turn the disaster into opportunity.

Written by June 26, 2020 17:34

New Delhi: In a video conferencing event organised from Gandhinagar, Gujarat Chief Minister Vijay Rupani deposited financial assistance of Rs 1,379 crore with one click to 13,000 MSME entrepreneurs through Direct benefit Transfer (DBT) under the state governments imitative to extend support to MSMEs in the state. This includes other major industries including textile industry.

Suryashakti Yojana (SKY) for farmers

Chief Minister Vijay Rupani called upon the MSME entrepreneurs of the state to take maximum advantage of the changing global economic situation after the Covid-19 outbreak conditions and turn the disaster into opportunity. In this context, he made it clear that the State Government is committed to restore daily life activities, trade, industry, business-employment with the aim of “Jaan Hai-Jahan Hai” against the Covid-19.

Inspiring the industry and trade representatives connected through video conferencing from the district headquarters of the state, the Chief Minister said, Industries, businesses have to give a new impetus to the pace of growth by increasing employment opportunities even faster than before, with more production, better quality.

Rupani said that Gujarat government announced 14,000 crore Atma nirbhar Gujarat package following the recommendations of committee headed by former Union Finance Secretary Dr. Hasmukh Adhia and it was immediately implemented to revive economy. Even state government completed GR process for the same package within a week.

Vijaybhai Rupani

# Gujarat is ready to take the maximum advantage of changing global economic situation after COVID-19 outbreak 

# With the goal of ‘Jaan Hai-Jahan Hai’ against Covid-19, we have to restore daily life, business, trade & industries.
# State’s MSME units get maximum benefit of Government of India’s Atmnirbhar Bharat Package.
# Financial assistance of Rs.8,200/- crore has been sanctioned to 1.30 lakh MSMEs.
# Rs. 14,000 crore Atmnirbhar Gujarat package is the first package in the country to accelerate the economy after Covid-19 Pandemic.
# To strengthen the economy, the government has provided financial assistance to small and medium enterprises (MSMEs)

CM calls upon MSMEs to convert ‘tragedy into opportunity’

The Chief Minister said that 33 lakh MSMEs are the base of development of the state which provides employment to 1.5 crore people. The Chief Minister said that under Atmnirbhar Bharat package of the Government of India, approved loan-assistance application of 1.30 lakh MSME units and sanctioned loan assistance of Rs.8,200 crore and out of this Rs.4,175 crore loan assistance has also been disbursed in Gujarat.

Vijay-Rupani-MSME

CM Rupani also mentioned that instead of sitting due to Corona, Gujarat has taken the right direction by to fight against Covid-19 spread and situation of Gujarat is better than other big cities like Delhi, Mumbai, Pune and Lucknow.

The Chief Minister made it clear that small and medium enterprises (SMEs) are able to transform this challenge into opportunity and state government is committed to promote MSMEs.

The online aid distribution video conference was attended by Industry Commissioner Shri Rahul Gupta from Gandhinagar as well as MSME Commissioner Shri Ranjith Kumar and representatives of Industry and Trade Association at district headquarters.