Political economics: credit stimulus for MSMEs

Political economics: credit stimulus for MSMEs News: The Prime Minister has launched a support and outreach programme for the Micro, Small, and Medium Enterprises (MSME) sector to give a boost to the sector and help generate employment. Important Facts: Background: MSMEs, which account for 30% of India’s gross domestic product (GDP), were hit hard by… Continue reading Political economics: credit stimulus for MSMEs

Modi announces incentives for MSMEs, including 59-minute sanction for loans up to ₹1 crore

Modi announces incentives for MSMEs, including 59-minute sanction for loans up to ₹1 crore News: The Prime Minister has launched a support and outreach programme for the Micro, Small and Medium Enterprises (MSME) sector to give a boost to the sector and help generate employment. Important Facts: As part of this programme, the Prime Minister… Continue reading Modi announces incentives for MSMEs, including 59-minute sanction for loans up to ₹1 crore