The Indian Government has signed a Memorandum of Agreement with the Minister for Industry, Trade and Tourism, Faiyaz Koya which will give the Fijian Government a grant of $5.9million Fijian Dollars for use in the Small and Micro Business Grants
The Minister has thanked the Indian Government for their assistance and support in the Micro and Small Business Grant initiative.
The Small and Micro Business Scheme has assisted a total of 17,970 Entrepreneurs since its inception in 2014.
The Entrepreneurs have started various businesses like Bee Farms, Poultry Farms and Flower Shops.
The Indian Government had also given $4.67million in the first phase of these grants.
The Memorandum of Agreement was signed by the Indian High Commissioner Vishvas Sapkal.