Haryana Govt to take Rs 523 cr loan from SIDBI to promote cluster infrastructure

Haryana Chief Minister Manohar Lal Khattar on Tuesday said that the has decided to take a loan of Rs 523 crore from Small Industries Development Bank of India (SIDBI) for cluster Infrastructure development.

This loan will be taken for the financial year 2021-22, which will be available at a very low interest rate. This loan can be used for PADMA schemes and other cluster development schemes of the State Government.

He said that soon this scheme will be launched; and under this, a new industrial cluster will be set up in every block with the goal of One Block-One Product. This will directly benefit the respective industries of that area, added the Chief Minister.