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Kerala Kaumudi Online
Thursday, 09 July 2020 8.36 PM IST

Kerala government to announce Rs 3431 crores 'Bhadratha' package for MSMEs in state

pinarayi-vijayan

THIRUVANANTHAPURAM: As Kerala is becoming a safe investment zone, CM Pinarayi Vijayan announced a stimulus package worth Rs 3431 crores for Micro, Small & Medium Enterprises (MSME) in the state.

The package named 'Bhadratha' is to better the atmosphere for businesses in the state thereby attracting investments.

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All operating units will get a moratorium on the repayment of the loan for three months. There will be a relaxation in the interest amount for additional loans. One time settlement through KSIDC and KINFRA. No rent for standard design factories. Six percent rebate for six months on extension loans.

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TAGS: BHADRATHA PACKAGE, KERALA GOVERNMENT, MSME, CM PINARAYI VIJAYAN
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