MSMEs in North Bengal to Flourish with Government’s ₹15 Crore Plan April 1, 2025 Rahul Singh Msme News 0 Kolkata: The West Bengal MSME and Textiles Department has introduced a series of initiatives to promote micro-level enterprises in North Bengal, aiming to boost employment and strengthen the region’s economy. Announced by State MSME and Textiles Minister Chandranath Sinha at the regional Khadi Fair, these initiatives include a ₹15 crore allocation for infrastructure development and financial aid across Darjeeling, Jalpaiguri, Alipurduar, Kalimpong, and Cooch Behar. The funding will support micro-units and self-help groups, helping them expand operations, enhance production capabilities, and create jobs. To improve market access for small businesses, the government plans to establish multiplex centers in every district under a Public-Private Partnership (PPP) model. These centers will provide dedicated spaces for self-help groups and entrepreneurs to showcase and sell their products. Additionally, sector-specific support has been introduced, including ₹1.3 crore for vermicompost pits in Mainaguri, Jalpaiguri, benefiting 130 youth, and ₹1.5 crore to assist 1,000 farmers in Matiali block in millet cultivation. The government has also allocated ₹1 crore for a khadi marketing center in Falakata, Alipurduar, to promote traditional textiles. Artisans and handloom weavers are also receiving targeted support. In Cooch Behar, 2,000 shitalpati artisans have been granted ₹1.2 crore in financial aid, while 26 mekhla weavers have received ₹8 crore. Additionally, 250 beekeepers in the hills have been provided ₹2.5 crore to enhance honey production. In an effort to revive Bengal’s handloom industry, the state will soon introduce a franchise model named ‘Banglar Sari,’ where private companies will manage the marketing and sales of traditional Bengali sarees, helping weavers expand their market reach. These initiatives align with West Bengal’s vision of fostering a sustainable MSME ecosystem by providing financial aid, infrastructure support, and market access. With a strong focus on skill development, employment generation, and economic inclusivity, the government aims to empower local entrepreneurs, artisans, and farmers, ensuring their long-term growth and contribution to the state’s economy. Disclaimer: This summary is for informational purposes and readers should verify specific details through official reports or consult industry professionals for comprehensive insights Popular Articles Msme News India’s Electronics Component Scheme Attracts $13 Billion, MSMEs Emerging as Key Players Msme News MSMEs Secure ₹999 Crore from NSIC Venture Capital Fund by July 2024 Msme News Finova Capital Secures $135M in Series E Funding to Fuel MSME Lending Growth Msme News India’s MSME Growth Challenge: Bridging the Gap from Micro to Large Enterprises Msme News Cabinet Approves ₹5,000 Crore Equity Support to SIDBI, PM Modi Calls It a Big Boost for MSMEs Msme News MSMEs Encouraged to Apply for ZED Certification: A Guide to the Process Msme News Tamil Nadu Budget 2025: ₹1,918 Crore Allocated to Boost MSME Growth IPO News Sodhani Academy of Fintech Enablers IPO: Day 3 – Subscription Status, GMP, Key Dates, and More IPO News NTPC Green Energy IPO: Special Benefits for NTPC Shareholders and Employees Msme News Government Should Be First Customer of Startups, Says Amitabh Kant
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