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Purvodaya scheme and MSME support will drive eastern region’s growth: CII Jharkhand Chairman Ranjot Singh

 

Mail News Service

Jamshedpur, July 23: Ranjot Singh, Chairman of CII Jharkhand State Council and MD of Emdet Jamshedpur Pvt Ltd, has lauded the Union Government’s focus on the Eastern Region through the Purvodaya Scheme. Singh emphasized the scheme’s potential to boost regional development and growth.

Highlighting key budget initiatives, Singh noted the increase in Mudra loan limits from 10 to 20 lakhs, which will support micro-enterprise growth. He praised the Credit Guarantee Scheme for MSMEs, offering cover up to 100 crores without collateral, as a major step in strengthening the MSME ecosystem.

Singh also pointed out the significance of the planned industrial node at Gaya for eastern India’s industrial development. “These measures will fortify our economy’s backbone, driving innovation, job creation, and sustainable growth,” he stated.

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