An informative meeting of LUB Delhi Prant was held at the Head Office of Laghu Udyog Bharati, presided over by Shri Diwan Chand Gupta and the Delhi executive team. The session also saw active participation from senior officials of the SBI Consultancy Cell, including Shri Panigrahi, Ravi Kaushal, and Rajiv Kaushik. The discussions focused on key financial and insurance aspects crucial for MSMEs, including accidental insurance coverage for employees earning ₹25,000+ per month, ensuring financial security for workers. The CGTMSE loan schemes were also discussed in detail, highlighting their role in providing collateral-free loans to MSMEs, fostering business growth and financial stability. Additionally, the benefits of the SBI YONO app were explored, emphasizing how MSMEs can leverage digital banking solutions for seamless transactions and credit access. The meeting also covered enhanced MSME support initiatives, with a focus on strengthening financial assistance programs and improving access to government-backed schemes. This session reaffirmed Laghu Udyog Bharati’s commitment to empowering MSMEs through financial literacy, policy awareness, and stronger collaboration with banking institutions. The meeting concluded with a shared vision to further engage with financial institutions and policymakers to enhance support mechanisms for small businesses.
