The FICCI-Confederation of MSME has hailed the new Framework by Reserve Bank of India (RBI) for revival and rehabilitation of MSMEs. “FICCI-Confederation of MSME welcomes the announcement/notification by RBI as the formation of Special Mention Account and mandatory formation of a committee at eac…
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Revival of MSMEs by RBI applauded by FICCI-Confederation
Micro, Small and Medium Enterprises (MSMEs), including Khadi and Village/ Rural Enterprises, play a significant role in the economic growth of the country owing to their contribution to production, exports and employment. The sector has slowly come into the limelight, due to the increased focus f…