A town hall meeting on Micro Small and Medium Enterprises (MSMEs) was organised by the Reserve Bank of India (RBI), Shillong in Amlarem to reach out to entrepreneurs.
The meeting that was held at Thangbuli Village Club Hall was chaired by RBI DGM, Navneet Singh Nagar Townhall who highlighted the significance of conducting the meeting on MSMEs in unbanked/ underbanked areas so as to create awareness of banking facilities amongst the entrepreneurs in such areas, linking the unbanked entrepreneurs to the formal banking system, obtaining feedback from the entrepreneurs on the problems faced by them in accessing bank finance, etc., and providing a forum for a two-way communication amongst the stakeholders and the various enabling policy measures taken by RBI.
Officials from banks and other financial institutions addressed the participants on various initiatives taken for MSMEs and the facilities available to existing as well as prospective entrepreneurs of the State.
Officials from Meghalaya Basin Management Agency also explained about the various initiatives taken by the state government followed by sharing of the success story by IVCS Sohphoh, which was also identified as a Cluster under the Sfurti Scheme of Government of India.
West Jaintia Hills Additional Deputy Commissioner, DV Lyngdoh, SBI Regional Manager, G Sarma, Deepak Singha Roy, Regional Manager Meghalaya Rural Bank also spoke on the occasion and exhorted the entrepreneurs to take full advantage of the meeting.
Padma Shree Trinity Saioo also added the meeting and shared her success story towards the promotion of the Lakadong turmeric across the country and abroad.
Some entrepreneurs also shared their success stories to the audience.
A few sanction letters were also handed over to the entrepreneurs during the program.