TDP government gives highest priority to MSME sector: Chandrababu Naidu

  Amaravati: A total of 1,437 Memorandum of Understandings (MoU) entered I'm the State so far from 2014, explained CM N Chandrababu Naidu while releasing ninth White Paper on Monday here at Undavalli in Guntur.

Through these MoUs about Rs 13.5 lakh crore investments will flow into the State, he added. After grounding all these industries, at least 24.6 lakh empowerment will be generated in the State, over a period of time. 

There are more than 30,000 MSMEs started in the State with these four and half years with an investment of 14,300 crore to generate at least 3.3 lakh empowerment for local youth, he said. 

Each Assembly constituency in the State will get at least one MSME Park. Already 31 Parks with an estimated investments of Rs 270 crore on an extent of 1,317 acres are under progress, out of the total 175 Parks, he informed. 

A Special Corporation established for the MSMEs in the State. 

More than Rs 82,000 crore anime released as loans to MSMEs in the State, he said.