📷 Image: Wikimedia Commons / Original: Chirnzb
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Business
Meghalaya Cabinet Approves New MSME Ordinance to Boost Local Enterprises
✍️ shillongtoday.com
🗓 13 Oct 2026, 09:37 PM
👁 11
The Meghalaya cabinet has approved a proposal for a new MSME ordinance, aiming to strengthen the state’s micro, small and medium enterprises.
The Meghalaya cabinet, meeting in Shillong, gave the green light to a proposed MSME ordinance designed to create a more supportive legal framework for the state’s micro, small and medium enterprises.
The ordinance is expected to streamline registration processes, provide easier access to credit and offer incentives for business growth.
State officials said the move aligns with Meghalaya’s broader strategy to boost entrepreneurship and generate employment in rural and urban areas.
The decision follows a review of the existing MSME policy framework and aims to address gaps that have limited the sector’s expansion.
The cabinet also cleared the 2027 holiday list, but that was a separate agenda item.
The ordinance is expected to streamline registration processes, provide easier access to credit and offer incentives for business growth.
State officials said the move aligns with Meghalaya’s broader strategy to boost entrepreneurship and generate employment in rural and urban areas.
The decision follows a review of the existing MSME policy framework and aims to address gaps that have limited the sector’s expansion.
The cabinet also cleared the 2027 holiday list, but that was a separate agenda item.