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RBI conducts MSMEs meet in Shillong

SHILLONG: The Reserve Bank of India (RBI), Shillong in collaboration with the Department of Commerce and Industries (DC&I), Government of Meghalaya conducted a Town Hall meeting on Micro Small and Medium Enterprises (MSMEs) on Tuesday at Shillong Polytechnic, Mawlai, according to a Press communique.

 The meeting was attended by officials from SIDBI, NABARD, KVIC, KVIB, Public and Private Sector banks and DCIC, East Khasi Hills besides entrepreneurs from different parts of the district.

 Anurag Asthana, GM (OIC), RBI Shillong in his keynote addressed highlighted the various enabling measures taken by RBI to facilitate the growth of MSMEs in the country.  I Z Wreang, Assistant Director, DC&I, Government of Meghalaya addressed the participants on behalf of the department and exhorted the existing as well as to be entrepreneurs of the state. Presentations from RBI, SIDBI and SBI focused on the enabling policy measures, government initiatives as well as available MSME products in the banks for the benefit of participants.

 At the meeting entrepreneurs Aiti Jyrwa, Christine Kharwanlang and Manbha Susngi who were sponsored by DCIC, East Khasi Hills, shared their success story to motivate budding entrepreneurs present. Loan sanction letters were also handed over to few entrepreneurs.

 During the open panel discussion, participants raised their doubts in connection with credit provided by bank, rate of interest charged in case of sponsored schemes, various schemes available in the banks and other government agencies etc., which were clarified by the concerned officials.


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