Will provide assistance to entrepreneurs and farmers

The Directorate of Industrial Supervision and Inspection has announced that it will provide necessary loans to entrepreneurs and farmers, as well as permits for importing machinery and sell machinery at special prices. To upgrade domestic oil mills and supply necessary machinery, loans for the development of oil mills are being disbursed. Loan proposals can be submitted to the branch offices of the Directorate of Industrial Supervision and Inspection in the Union Territory (Nay Pyi Taw), regions, and states. Similarly, it is stated in the announcement that private industrial enterprises can come to the Directorate of Industrial Supervision and Inspection in the Union Territory (Nay Pyi Taw), regions, and states to apply for permits to import genuinely needed spare parts and machinery for their production activities. Furthermore, it is said that cotton gins manufactured domestically will be sold under a special loan program to fully process cotton produced domestically and for farmers to process their cultivated cotton on a small scale. In addition, it has been announced that loans can be applied for to establish and expand oil seed oil presses and yarn production machines for the development of domestic cotton businesses, and loan proposals can be submitted to the MSME Agency offices in the Union Territory (Nay Pyi Taw), regions, and states.