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MSME Minister urges banks to enhance credit access, boost implementation of flagship schemes
Jul-10-2026

Union MSME Minister Jitan Ram Manjhi has urged banks to enhance access to institutional credit for micro, small and medium enterprises (MSMEs) and called on all stakeholders to ensure the effective implementation of the government's flagship schemes to support the sector's growth. 

During his two-day visit to Puducherry on July 8-9, the minister has reviewed the progress of key MSME Ministry initiatives and directed stakeholders to strengthen support for MSMEs through improved access to technology, credit and finance, skill development, market opportunities, and quality support infrastructure. The discussions were also focused on increasing awareness and wider adoption of these schemes.  

Manjhi has chaired a comprehensive review meeting attended by officials of the Ministry, Government of Puducherry, Development & Facilitation Office, Khadi and Village Industries Commission, Coir Board, National Small Industries Corporation (NSIC), SIDBI, members of the State Level Bankers' Committee (SLBC), MSME associations and other stakeholders. The visit reaffirmed the Ministry's commitment to strengthening MSME ecosystem in Puducherry through improved access to finance, advanced technology, skill development, quality infrastructure and enhanced institutional support.

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