AP MSME Policy 2015-20 PDF

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AP MSME Policy 2015-20

Government of Andhra Pradesh (GoAP) accords top priority to development of Micro, Small and Medium Enterprises (MSMEs) for catalyzing growth. Development of MSMEs has a significant impact on employment generation, improvement in standard of living and inclusive growth. Micro Small and Medium Enterprises (MSME) Policy 2015-20 aims to generate new employment opportunities for at least 3.5 lakh people and attract new investments of at least ₹15,000 crore by 2020. MSME Policy 2015-20 proposes a holistic package of interventions encompassing fiscal incentives, capital and interest subsidies, seed capital assistance, incentives on land and power, financial aid for skill development and quality improvement and marketing assistance.

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