25% industrial land to be earmarked for SC/ST entrepreneurs

Image
Press Trust of India Hyderabad
Last Updated : Feb 13 2015 | 6:25 PM IST
The Telangana government is planning to earmark 25 per cent of the land allotted for industrial use to SC and ST entrepreneurs, Chief Minister K Chandrasekhar Rao said today.
Speaking at the inaugural session of a three-day industrial and trade expo organised by Dalit Indian Chambers of Commerce and Industry (DICCI), the Chief Minister said his government would offer all support to entrepreneurs though the state's new industrial policy.
He also sought cooperation form private corporates to "be connected with the Dalit workforce" so that the country would march forward.
"I assure all sorts of cooperation will be extended to DICCI members. We will also make the organisation as permanent invitee on all government policy decisions," Rao said.
He also said that commercial establishments in the state capital would remain open on Sundays also. A decision to that extent was taken yesterday and would be implemented soon.
He said that SMEs in the country are facing difficulties in providing seed capital and margin money before setting up industry.
Union Minister for Commerce and Industry Nirmala Seetharaman said the Government is committed to bring in the PSU procurement policy, which will be implemented from April this year, that mandates 20 per cent outsourcing from SMEs including 4 per cent from SC and ST entrepreneurs.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 13 2015 | 6:25 PM IST

Next Story