A.P. government launches MSME parks initiative to boost rural employment, development
The Andhra Pradesh government has launched an initiative to establish MSME parks in rural areas to promote industrial development and create local employment. The scheme aims to support young entrepreneurs and enhance economic opportunities within their communities. A new MSME park is being constructed in Yalluru village, with plans for comprehensive infrastructure to support industrial growth.
- ▪The initiative is part of the 'One MSME Park per Assembly constituency' program.
- ▪The new MSME park in Yalluru village will be developed at an estimated cost of ₹16.40 crore.
- ▪The park will provide 37 industrial plots and necessary infrastructure for industries.
Opening excerpt (first ~120 words) tap to expand
Minority Welfare Minister N. Md. Farooq said that the State government was paving the way for industrial development in rural areas as part of its One MSME Park per Assembly constituency initiative. The initiative aligns with the government’s aim of achieving ‘One Family – One Entrepreneur’.Mr. Farooq said that the primary objective of the scheme was to create employment opportunities for local youth within the vicinity of their own villages and to encourage young entrepreneurs. The scheme is also part of the 38 MSME parks for which Chief Minister N.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Hindu — Top.
Discussion
0 commentsMore from The Hindu — Top
