Tuesday, 5 May 2020

MSME and other packages@subsidy on card..Be ready .Go for expansion..Seize the opportunity..Read blog canitinmpathak.blogspot.com

*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*