Union Minister of State for Road Transport and Highways, Shipping, Chemical and Fertilizer and MSME Mansukh Mandaviya was on a visit to Paradip. Attending a meeting, he told that by a special project, all banks will provide loan and technical support to start micro, small and medium industries.
The PPT, PPL, IFFCO, Paradip Refinery will play a major rule for the MSME project. It will create new employment opportunity for local unemployed youths, Mandaviya told.
Rs 10 lakh loan will be provided without any mortgage to start a project, Mundaviya said and praised PM Narendra Midi for his good governance.
Some traders received loans from different banks for their proposed projects. Union MSME Principal Secretary Nikunja Kishor Sundarray, PPT Chairman Rinkesh Ray, Paradip ADM Kahnu Charan Dhir were present.
Before the Minister's arrival to Paradip, the town BJD held a drarna and closed the NH 5(A) near Tarenigada from 10 am to 12am demanding repairing of the NH 5A road from Paradip to Chandikhol and gave a memorandum to the NHAI authority through the Kujang Tehsildar.