Union Finance Minister Sitharaman urged Arunachal Pradesh to develop cluster approach for MSEs, focusing on 20 Geographical Indication products and involving Small Industrial Development Bank of India.

Union Finance Minister Nirmala Sitharaman urged the Arunachal Pradesh government to implement a cluster development approach to enhance micro and small enterprises (MSEs). She pointed out the absence of industrial clusters in the state and recommended focusing on 20 Geographical Indication (GI) products. Sitharaman suggested involving the Small Industrial Development Bank of India for financing and highlighted various credit outreach programs to support small industries, particularly in agriculture.

October 01, 2024
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