Hyderabad, March 8 -- In a move to boost the industrial sector, the Telangana government has announced plans to clear the long-pending backlog of industrial subsidies.

The state will disburse Rs 400-500 crore to industries by the end of this month, addressing dues that have been pending since 2014, according to Industries & IT Minister Duddilla Sridhar Babu.

Speaking at the launch of 'MSME Spark 2.0' organised by the Federation of Telangana Chambers of Commerce and Industry (FTCCI), Sridhar Babu reaffirmed the government's commitment to fostering the growth of micro, small, and medium enterprises (MSMEs).

To achieve this, the state has introduced a dedicated policy framework aimed at enhancing the global competitiveness of these enterp...