The government is taking steps to provide the required credit to the MSME sector even as Rs 42,000 crore have been disbursed under the Pradhan Mantri Mudra Yojana alone, Minister of State for Finance Jayant Sinha told Lok Sabha. Around 66 lakh people have benefitted so far from the Yojana under …
Tag: Pradhan Mantri Mudra Yojana
Exclusive | Credit Guarantee Fund soon for MSME
Government will soon set up of a credit guarantee fund for the SME sector, a government official told SMEpost.com on Friday. The fund will have a Rs 20,000 crore corpus, which will help in refinancing commercial banks for their lending to SME sector. There may be small service charge, which banks…