MSMEs buoyed by PM’s speech

The Prime Minister’s address on new year’s eve has given MSME units and pump manufacturers in this region, a ray of hope. Referring to the announcement regarding extension of loans up to ₹12 lakh with a 3 per cent rebate in interest for construction of new houses to the poor living in urban areas, KK Rajan, President of SIEMA, said: “This will trigger the demand for domestic pumps.” Our Bureau