Bengaluru : The Karnataka Small Scale Industries Association (KASSIA), the premier association of MSMEs plans felicitations to Chief Minister Siddaramaiah on Friday in Bengaluru.
“We are thankful to the chief minister for conceding all our demands and making suitable provisions in the State Budget to benefit Micro, Small & Medium Enterprises (MSMEs) in the state,’’ KASSIA president R Hanumanthe Gowda told reporters here on Thursday.
Gowda said Karnataka is the first state in the country to encourage the MSMEs by creating a conducive atmosphere.
“The state government has established a separate directorate for the MSMEs. It has been allotting land up to two acres on a 10-year lease-cum-sale basis to the small and medium enterprises (SMEs),’’ KASSIA president said.
He said the KASSIA appreciates and thanks the chief minister for extending loans to woman entrepreneurs for up to Rs 2 crore at 4 per cent interest through the Karnataka State Finance Corporation (KSFC).
A special provision has been made for entrepreneurs belonging to the Scheduled Caste and the Scheduled Tribe for setting up small enterprises, he added.
T.S. Umashankar, general secretary, KASSIA, said felicitation programme would be used to make further submissions on other pressing issues to the government.