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Gujarat government launches “At One Click” initiative for MSMEs

Gujarat government launches “At One Click” initiative for MSMEs

The Chief Minister of Gujarat Vijay Rupani has announced an online aid initiative of Rs.1,369 crore for Micro, Small and Medium enterprises and textile industries, on 26 June 2020 called ''At One Click'' for about 13,000 MSMEs in the state.

Key Points:

  • Under the initiative, the state government has facilitated Rs 601 crore aid to bigger industrial units which include the textile industry and aid of Rs.768 crore in bank accounts of 12,247 MSME units in Gujarat. Taking the total to Rs.1,369 crore in aid to 13,000 units in the state.
  • The Chief Minister has called upon the state's MSME units and industries to take up the challenge of converting this adversity of corona crisis into an opportunity.
  • The initiative aims to help the MSMEs to restart their businesses with the support of the government and bring the economy of the state back to its original form of vigorous growth.
  • The state government has also sanctioned Rs.8,200 crore by accepting loan applications of 1.3 lakh units and of this Rs.4,175 crore has already been disbursed to ensure that the MSMEs in the state get maximum benefit under the Atma Nirbhar Bharat package.

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