Government makes changes to Interest Subvention Scheme for MSMEs

MSME minister Nitin Gadkari on Monday reviewed the scheme, which was launched by Prime Minister Narendra Modi in November 2018, ahead of the LokSabha elections in May this year. As part of access to credit, Modi announced 2% interest subvention for all GST registered MSMEs on fresh or incremental loans.

from SME Sector-Small Biz-Economic Times https://ift.tt/2Mh2Kbt
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