Telangana CM Unveils MSME Policy-2024

Tags: State News

Telangana Chief Minister Revanth Reddy launched the new MSME Policy-2024.

An Overview of the News

• The policy aims to address six key challenges faced by Micro, Small, and Medium Enterprises (MSMEs).

• It includes a ₹4,000 crore investment over five years.

• The launch event took place in Hyderabad, with Deputy CM Mallu Bhatti Vikramarka and IT Minister D Sridhar Babu also present.

• The policy promotes industrial opportunities for Dalits and women, encouraging their participation in MSMEs.

• The government has partnered with TATA to upgrade Industrial Training Institutes (ITIs) with an investment of ₹2,400 crore.

About Telangana

• It is in south-central India, on the Deccan Plateau.

• 11th largest Indian state by area.

• Formed on June 2, 2014, from Andhra Pradesh.

• Borders Maharashtra, Chhattisgarh, Karnataka, and Andhra Pradesh.

• Capital: Hyderabad

• Governor: Jishnu Dev Varma

• Chief Minister: Revanth Reddy

• Rajya Sabha: 7 seats

• Lok Sabha: 17 seats

Additional Information:- Telangana Registers First FIR Under New Bharatiya Nyaya Sanhita at Charminar Police Station