*Government's Proposed MSME Package for revival*
✍Rs. One Lakh Crore fund to expedite clearance of dues owed to MSMEs
✍Govt. guarantee on the enhanced limit (upto 20%) of loans.
✍MSMEs will be allowed to tap Capital Market.
✍Rs. 10,000/- Crore fund to buy equity in well rated MSMEs upon listing.
✍Extension of a repayment moratorium.
✍Mechanism to help MSMEs pay wages to employees.
*Total package for MSMEs will be around Rs. 2-3 Lakh Crore.*
*Sources: Financial Express*
There are number of advantages, if your are registered under MSME with meraprofit, although it is required by law, MSME registration online will enable you to get a number of government perks. Low interest rates on loans, product incentives for export, legislative subsidies for reservations, etc. are a few examples of these advantages. The advantages of MSME Enterprises are based on the division of micro, small, and medium enterprises.
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