RBI conducts meeting on MSMEs in East Khasi Hills

Shillong, November 29: The Reserve Bank of India (RBI), Shillong in collaboration with the Department of Commerce and Industries, Government of Meghalaya conducted a Town Hall meeting on Micro Small and Medium Enterprises (MSMEs) on November 28, 2017 at Shillong Polytechnic, Mawlai, East Khasi Hills District. 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 and highlighted the various enabling measures taken by the RBI to facilitate the growth of MSMEs in the country. IZ Wreang, Assistant Director, Department of Commerce and Industries, Government of Meghalaya addressed the participant 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 Ms Aiti Jyrwa, Ms Christine Kharwanlang and Mr Manbha Susng,i who were sponsored by DCIC, East Khasi Hills shared their success story to motivate budding entrepreneurs who were 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, which were clarified by the concerned officials.

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