PM promises loans up to Rs 1 cr for MSMEs in 1 hr

In the next 100 days, the PM also plans to monitor implementation of scheme across 100 districts. In the action plan, there will be an additional 2% subsidy for small exporters for pre- and post-shipment credit. PSUs have been asked to procure 25% of their goods from small enterprises, with a new quota of 3% purchases introduced for women entrepreneurs.

from Times of India https://ift.tt/2Rxyglw