CURATED BY – GAURAV SINGHAL | CITYCHIEFNEWS

Saharanpur. Divisional level approval committee meeting was held under the Micro, Small and Medium Enterprise Promotion Policy-2017 under the chairmanship of Divisional Commissioner Hrishikesh Bhaskar Yashod. In the meeting, Joint Commissioner of Industries, Mrs. Anju Rani informed Divisional Commissioner Hrishikesh Bhaskar Yashod that financial assistance for reimbursement of interest subsidy and net SGST etc. amounting to a total of Rs. 1,32,88,995 was approved for M/s Saptam Decor Pvt. Ltd., Bhopa Road, Muzaffarnagar for Rs. 50,00,000, M/s Morvel Tubes Pvt. Ltd., Begrajpur, Muzaffarnagar for Rs. 26,34,244, M/s Baba Industries Gases, Sujru, Meerut Road, Muzaffarnagar for Rs. 56,54,751. Under MSME Policy-2017, in order to generate employment through new capital investment in the state and to increase production as much as possible, provision has been made in the policy to provide incentives to units for 5 years in various items such as interest subsidy, net SGST, stamp duty exemption etc. Deputy Commissioner of Industries, Saharanpur Virendra Kumar Kaushal, Deputy Commissioner of Industries-Muzaffarnagar and Shamli Mrs. Jasmine, District Lead Bank Manager Muzaffarnagar, Surendra Singh, Deputy Commissioner (Administration), Commercial Tax, Muzaffarnagar, Shobhit Shrivastava, Deputy Commissioner, Block-6, Commercial Tax Department, Saharanpur, Rajiv Kumar, Deputy Commissioner, Block-10, Commercial Tax Department, Saharanpur, Akhilesh Kumar Mishra, Assistant Commissioner of Industries, District Industries and Enterprise Promotion Centre, Saharanpur, Dr. Banwari Lal, nominated representative from UPCON, Lucknow etc. were present in the meeting.