POLICY TO MITIGATE STRESS AND TO REVIVE STRESSED MSMEs- STRESSED ENTERPRISES POLICY 2018 - 20. [G.O.Ms.No.8, Industries & Commerce (Prog-I), 9th January, 2019.]

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Registered No. HSE-49/2016

PART I EXTRAORDINARY

No.101 AMARAVATI, FRIDAY, FEBRUARY 8, 2019 G.1174 NOTIFICATIONS BY GOVERNMENT

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INDUSTRIES & COMMERCE DEPARTMENT

(PROG-I)

POLICY TO MITIGATE STRESS AND TO REVIVE STRESSED MSMEs- STRESSED ENTERPRISES POLICY 2018 - 20.

[G.O.Ms.No.8, Industries & Commerce (Prog-I), 9th January, 2019.]

Read the following :-

1. G.O.Ms.No.203, Ind. & Com. (SPIU) Dept., Dated : 20.07.2006.

2. G.O.Ms.No.108, Ind. & Com. (P&I) Dept., Dated : 14.11.2015.

3. From the Director of Industries, A.P., file No.20029/7/2017-I&I II-DOI.

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In the G.O 1st read above, Government have instituted Andhra Pradesh Small Scale Sick Industries Revival and Rehabilitation Scheme 2006 to support revival of sick industries.

In the G.O. 2 nd read above, Government have issued Operational Guidelines to Micro Small Medium Enterprises Policy 2015-20 (MSME Policy 2015-20) which provided various incentives to the MSMEs (Micro Small Medium Enterprises).

The Director of Industries, Andhra Pradesh in the letter 3 rd read above, has submitted the draft Stressed Enterprises Policy 2016-20.

Government after careful examination of the proposal of Director of Industries, Andhra Pradesh, hereby institute a new Policy to Mitigate Stress and to revive stressed MSMEs titled Stressed Enterprises Policy 2018-20 which is appended to these orders in Annexure. The operating period of this policy is with effect from the date of notification and until 31st March 2020.

The Commissioner of Industries, Andhra Pradesh is requested to take necessary action as per this policy and also draft necessary operating Guidelines for this policy.

This order is issued with the concurrence of Finance Department vide their U.O. No. 45027/233/2017-FMU(I&C) Department, Dated : 09.12.2018.

[1]2 ANDHRA PRADESH GAZETTE EXTRAORDINARY [Part-I

SOLOMON AROKIA RAJ,

Secretary to Government & CIP.

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