Bhopal, Feb. 19 -- The Madhya Pradesh government has announced a comprehensive MSME and Start-up support package.

In a significant move to strengthen the industrial sector, the state cabinet approved the MSME Development Policy-2025, introducing substantial incentives for micro, small, and medium enterprises.

The policy offers investment promotion assistance of up to 40 percent, with enhanced support of 48 percent for SC/ST and women entrepreneurs. Units established in backward development blocks can receive assistance up to Rs 1.3 crore.

Export-oriented MSMEs stand to benefit from up to 52 percent investment assistance on freight, capped at Rs 2 crore, along with Rs 50 lakh for export certification.

The policy includes specific provi...