Credit Boost For MSMEs Loans For Women SCST First-Time Entrepreneurs | Read
Union Finance Minister Nirmala Sitharaman announced a credit boost for MSMEs or Ministry of Micro, Small and Medium Enterprises, to Rs 10 crore from the current Rs 5 crore.
"MSME, as a second engine, which encompasses manufacturing and services with a focus on MSME numbering 5.7 crore Currently, over 1 crore registered MSMEs employing 7.5 crore people and generating 36% of our manufacturing have come together to position India as a global manufacturing hub," Ms Sitharaman said.
