RBI governor to inaugurate MSMEDCI on March 4

Vizianagaram: RBI Governor Raghuram Rajan will inaugurate the office of Micro, Small and Medium Enterprises Development Corporation of India (MSMEDCI) at Visakhapatnam on March 4.

MSMEDCI Chairman B V Rama Rao said RBI Governor will be the chief guest at the inauguration of the MSMEDCI office.

The Pradhan Mantri MUDRA (Micro Units Development and Refinance Agency) Yojana has been launched by the Modi government for development of micro, small and medium entrepreneurs, he said adding that under the scheme loan up to 10 lakh would be provided to small-scale industries through 49 banks.

Source: AP