Thursday, July 29, 2021

MoF highlights initiatives taken for development of Small Scale Industries amid pandemic

The Government has taken a number of initiatives to support the MSME Sector in the country, especially in Covid-19 pandemic situation. Some of them are Rs 20,000 crore Subordinate Debt for MSMEs, Rs. 3 lakh crores Collateral free Automatic Loans for business, including MSMEs. Rs. 50,000 crore equity infusion through MSME Fund of Funds and so on.

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