Amaravati, June 29 -- Chief Minister of Andhra Pradesh YS Jagan Mohan Reddy on Monday released Rs 512.35 crore to Micro, Small and Medium Enterprises (MSMEs) as the second tranche of the Rs 1,168 crore 'Restart package' to handhold the sector.
During a video conference with the district collectors while releasing the second instalment of the Restart package to MSME sector, the Chief Minister said that there is every need for the state to handhold the MSME sector which has 97,428 units of which 24,252 are micro units and they are providing employment to about 10 lakh people.
''As promised, the CM released Rs. 450.27 crore in May in the first phase. and now we are releasing Rs 512.35 crore to give a fillip to the sector as the previous TD...