Amaravati (Andhra Pradesh), May 23 -- : Andhra Pradesh Chief Minister YS Jagan Mohan Reddy on Friday released the first instalment worth Rs 450 crore out of the total Rs 1,110 crore ReStart package for the Micro, Small and Medium Enterprises (MSME) sector.

The first instalment would benefit nearly 98,000 units which employ more than 10 lakh people.

During a video conference with District Collectors and entrepreneurs held here on Friday, the Chief Minister released the amount towards the pending industrial incentives to the MSME sector.

"In addition to this, all the minimum power demand charges of MSMEs during the months of April, May, and June at an estimated amount of Rs 188 crore will be waived and Rs 200 crore are going to be provided...