AP MSME Policy 2015-20 - Summary
The AP MSME Policy 2015-20 is all about boosting the growth and development of Micro, Small, and Medium Enterprises (MSMEs) in Andhra Pradesh. These businesses are crucial for creating jobs and improving the lives of people. This policy aims to generate new job opportunities for at least 3.5 lakh individuals and attract investments of at least ₹15,000 crore by 2020. The MSME Policy 2015-20 includes various measures that offer fiscal incentives, capital and interest subsidies, seed capital assistance, and incentives for land and power. It also provides financial support for skill development, quality improvement, and marketing assistance.
Key Features of the AP MSME Policy 2015-20
With the AP MSME Policy 2015-20, there are many essential initiatives in place to strengthen the MSME sector. These measures are specially designed to help small businesses flourish and significantly contribute to the state’s economy.
Support and Incentives for MSMEs
The policy presents attractive support packages, which include interest subsidies and capital assistance. The government is dedicated to making it simpler for small businesses to access the resources they require to grow and succeed.
Additionally, MSMEs also benefit from marketing assistance, enabling them to connect with more customers and effectively sell their products. This support is vital for enhancing their reach and boosting sales.
For your convenience, you can download the AP MSME Policy 2015-20 in PDF format from the link provided below. Don’t miss out on this opportunity to understand the important initiatives meant for your growth!