Sravan Shipping Receives MSME Achievement Award

Sravan Shipping Services Pvt Ltd of Visakhapatnam received a Fifteen Years Achievement Award at the MSME Award function held in Vijayawada. They received the award from Chief Minister N Chandrababu Naidu at V Convention on the eve of International MSME Day.

The shipping enterprise received the award for their excellence in providing service and leadership shown and corporate social responsibility initiatives in the service sector. They have also been awarded for their running of a corporate governance that runs on transparency, fairness and accountability with compliance to laws and promotion of ethical conduct. Their initiative towards adopting a smart village has brought them accolades, so has their Swachha Bharat Swaccha Visakha drive at maintaining greenery at three traffic islands.

On Tuesday, CM Chandrababu Naidu launched the logo of AP MSME Development Corporation. The corporation with a budget of Rs 100 crore was launched with the aim to encourage micro, small and medium enterprises. The unit will help MSME entrepreneurs with marketing, branding, skills and quality development of products.

On the occasion of MSME Day, the CM announced that there will not be any upward revision of power tariffs for entrepreneurs, instead the state government might even reduce the same. A MSME Bhavan will be constructed in Amaravati on 15 acres of land and it will consist a research and development wing, training centre, the latest technologies and more.

A budget of Rs 160 crore is being set aside to revive sick MSMEs. Necessary lands have been identified in 101 assembly constituencies and the Industries Department has entered into a MoU with eight firms.

Share
Leave a Comment

Recent Posts

India’s largest convention centre will come up in Visakhapatnam: Nara Lokesh

During the AP Assembly session on 21 November 2024, IT and HRD Minister Nara Lokesh…

13 mins ago

2nd Infosys campus to new data units: Lokesh shares 5 key IT developments in Visakhapatnam

Andhra Pradesh's IT and HRD Minister, Nara Lokesh, has revealed a series of exciting IT…

1 hour ago

Badamgir Sai passes away

Noted stage artiste and founder of Rangasai Nataka Sangam and Rangasai Nataka Grandhalayam, AVVS Murthy,…

2 hours ago

What Are The New Releases on OTT Today? Here’s What to Add to Your Watchlist

A slew of fresh and exciting OTT releases are dropping today, promising a binge-worthy lineup…

17 hours ago

Hot & Hearty: The best soups in Visakhapatnam that complements this weather!

With the weather taking a turn these past couple of days, it’s like Visakhapatnam has…

18 hours ago

Plan a trip from Vizag to these 5 skiing destinations in India this winter

Dreaming of swishing down powdery white slopes with crisp mountain air in your lungs? While…

18 hours ago