In a veiled attack, Prime Minister Narendra Modi on Tuesday dubbed former union telecom minister A Raja, an 'outdated 2G missile' of the Congress and Dravida Munnetra Kazagham that targeted Tamil......
Finance Minister Nirmala Sitharaman on Wednesday announced a revamped credit guarantee scheme with an outlay of Rs 9,000 crore for micro small and medium enterprises to be launched from April 1,......
The Emergency Credit Line Guarantee Scheme (ECLGS) that provided much needed additional credit to over 1.3 crore MSMEs will be extended till March 2023 with its guarantee cover expanded by Rs......
The MSME sector, which is employment-intensive, accounts for 45 per cent of the country’s manufacturing, 40 per cent of exports and nearly 8 per cent of gross domestic product, reports......
The plan includes step-wise expansion of a crucial credit guarantee net, establishment of an unprecedented number of functional clusters and increased government procurement from MSMEs.......
What can Mudra Bank do that can't be done now with some tweaking of the existing system? I dug around a bit and discovered, to my horror, that successive governments have focused on microlending......