Chief Minister Dr. Mohan Yadav said that the prosperity of industries is directly tied to the national progress. Small and cottage industries form the backbone of the Indian economy. By optimally utilising limited resources, the state is moving forward to promote the growth of these industries. CM Dr. Yadav said that the inauguration of Laghu Udyog Bharati’s state office during the Amrit Kaal of Independence reflects the state’s progress. To promote industrial development, planning must consider the national landscape and industries must be established uniformly across all regions to ensure balanced growth. He emphasised that working together in the national interest is essential, and the government will collaborate closely with industrialists to expand industries while ensuring balanced attention to all sections of society.
Chief Minister Dr. Yadav was addressing the inauguration ceremony of Laghu Udyog Bharati’s newly constructed state office, ‘Udyam Setu’, at Govindpura Industrial Area. Built at a cost of approximately Rs. 4 crore, the office was inaugurated amid Vedic chants. The event also hosted Laghu Udyog Bharati’s bi-annual regional convention and the Startup & Small Entrepreneurs Mahakumbh–2025. CM Dr. Yadav, along with other dignitaries, also released Laghu Udyog Bharati’s new brochure. The Chief Minister announced that upon repayment of any institutional or bank loan, the associated mortgaged or double-mortgaged property will be released. This provision will also benefit micro, small, and medium enterprises (MSMEs). He stated that all challenges related to establishing small industries in the state will be addressed, and all necessary permissions for MSMEs will be provided within a fixed timeline under a time-bound action plan. Industrialists setting up employment-generating industries will be incentivized. Subsidies will also be provided for opening new ITIs, polytechnic, and engineering colleges in accordance with policy provisions.