Hyderabad, June 27 -- Telangana Pradesh Congress Committee (TPCC) President and MLC Mahesh Kumar Goud on Saturday said Micro, Small and Medium Enterprises (MSMEs) are the backbone of India's economy and stressed the need to strengthen the sector to generate employment and reduce economic disparities.
Addressing the World MSME Day celebrations organised by the All India Professionals' Congress (AIPC) Telangana MSME Vertical, Goud said Telangana's economy largely depends on small enterprises and called for greater encouragement to young entrepreneurs.
He said the Congress government was committed to expanding the MSME ecosystem and highlighted welfare initiatives, including free power up to 200 units, quality rice distribution, farm loan wa...