📷 Image: Wikimedia Commons / Prime Minister's Office
Business
Andhra Industry Body Calls on CM to Release Rs 5,000 Cr MSME Incentives
✍️ EdexLive
🗓 30 Oct 2026, 03:38 AM
👁 16
The Andhra Pradesh industry association has demanded that the state government clear pending incentives worth ₹5,000 crore for micro, small and medium enterprises.
The Andhra Pradesh industry association, representing thousands of micro, small and medium enterprises (MSMEs), has formally urged the Chief Minister to disburse pending incentives amounting to ₹5,000 crore.
The body cited that many MSMEs have been waiting for these incentives for over a year, citing delays in the approval and release process.
Industry leaders argue that the funds are crucial for sustaining operations, hiring staff, and investing in technology.
The association has requested a meeting with the state government to expedite the disbursement and ensure that the incentives reach the intended beneficiaries promptly.
The body cited that many MSMEs have been waiting for these incentives for over a year, citing delays in the approval and release process.
Industry leaders argue that the funds are crucial for sustaining operations, hiring staff, and investing in technology.
The association has requested a meeting with the state government to expedite the disbursement and ensure that the incentives reach the intended beneficiaries promptly.