Chief Minister Dr Mohan Yadav on Monday provided significant financial assistance to the Micro, Small, and Medium Enterprises (MSME) of the State during the ‘Samarth MSME Developed Madhya Pradesh’ program held at the Chief Minister’s residence. Through a single click, Dr Yadav transferred over Rs 169.57 crore in incentive funds directly into the accounts of more than 257 units. On this occasion, he stated that Madhya Pradesh is among the top three states in the country in terms of economic strength and superior financial management. The State Government is providing all possible support and guidance to encourage entrepreneurs through industry-friendly policies. During the program, Dr Yadav further strengthened the start-up ecosystem by releasing the first installment of a grant exceeding Rs 28 lakh for selected start-ups.

 

Additionally, land allotment letters were presented to three entrepreneurs from Betul and Agar-Malwa, and benefits were distributed under the Chief Minister’s Youth Empowerment Scheme (Mukhyamantri Udyam Kranti Yojana). On the same occasion, MSME Minister Chetanya Kumar Kashyap presented a check of Rs 8 crore as an interim dividend from the Small Industries Corporation to Dr Yadav. The Chief Minister described this as a positive start to the new financial year, stating that the state’s doors are open to investors from across the globe. Dr Yadav emphasised that MSME units are not only the centre of industrial activity but also the foundation of self-reliance for millions of families. Principal Secretary Raghavendra Kumar Singh informed that under the leadership of the CM, digital and transparent systems have been established in the department.