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Entrepreneurs told to make the most of Government aid

By Our Staff Reporter

CUDDAPAH, JUNE 8. The Industries Department was implementing several schemes for betterment of farmers and the common man to further national progress, said the Development Commissioner of Special Export Zone, Visakhapatnam, P. Ramesh Kumar, on Tuesday.

Addressing a workshop on `food processing and export-oriented units' at the District Industries Centre here, Mr. Ramesh Kumar said that the Government was extending loans for crores of rupees on subsidy to entrepreneurs, through banks, and they should be availed to earn profits besides promoting industrial growth.

The General Manager of the DIC, S. Kutubuddin, said that a single window scheme for food processing and export-oriented units was launched on March 5 this year, for a five-year period. The entrepreneurs must follow the tips being given by the Department, to avoid incurring losses, he said. The District Lead Bank Manager, K. Sudhir, wanted foolproof suggestions given to entrepreneurs and manufacturers for improving their performance. He noted that farmers were incurring losses on account of various reasons. The Joint Director in the Commissionerate of Industries, H. Sivaram, stressed the need for extending advice to entrepreneurs and farmers keeping in view the social conditions. An APTECH official, Prabhakar, also spoke and gave a video presentation on industries and manufacturing processes. The Assistant Manager of SBI, T.V. Ramamohana Rao, Deputy Director of Industries, G. Gopal, bankers and entrepreneurs participated.

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